subprime

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sub·prime

 (sŭb′prīm′)
adj.
Relating to loans that have a high interest rate and high risk of default.

[sub- + prime (from the fact that loans with high interest rates are offered to nonpreferred or less creditworthy borrowers).]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

subprime

(ˈsʌbˌpraɪm)
adj
(Banking & Finance) (of a loan) made to a borrower with a poor credit rating, usually at a high rate of interest
n
(Banking & Finance) a loan made to a borrower with a poor credit rating
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

subprime

A term used to refer to any loan or credit product with terms and conditions that are less stringent than normal. For example, a mortgage product designed to be made available to customers with poor credit histories may be described as a subprime mortgage.”
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
References in periodicals archive ?
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He cited reports of industry and analysts' concern about the peer-to-peer (P2P) lending concept, such as fears that it could fuel a subprime lending crisis that could not otherwise exist in Malaysia's current banking system.
Their topics are ethics expectations, ethics and governance scandals, ethical behavior: philosophers' contributions, practical ethical decision making, corporate ethical governance and accountability, professional accounting in the public interest, managing ethics risks and opportunities, and the subprime lending fiasco: ethics issues.
After a respite in 2H17 that was partially due to increased vehicle demand stemming from the hurricanes in Texas and Florida, Fitch expects further deterioration in used car prices in 2018 to be driven by increases in off-lease vehicles, elevated new-car incentives, and tighter subprime lending. Lower used vehicle prices will put downward pressure on lenders' recovery values and lease residuals, resulting in higher credit losses.
The rabbis didn't have to deal with subprime lending and Fannie Mae, but they knew that the purchase of landa house to live in, or a field to plantwas, for most people, the biggest financial and legal transaction they would ever engage in.
The report linked top managers to massive looting of funds through creative accounting and subprime lending at the company.
A clear portrait of just how tight credit standards remain can be found in an article this month by Equifax Chief Economist Amy Crews Cutts titled "The Implications of a Rise in Subprime Lending." And before anyone gets hysterical, the article is not about a return to the bad old days of mortgage lending.
These factors have led to increases in subprime lending and a rise in subprime auto ABS issuance over the past year.
Yet the New York Fed also said that loans to borrowers with shoddy credit, also known as subprime lending, still make up a smaller proportion of total auto loans than before the Great Recession.
Right out of college, Robards started working in subprime lending and eventually worked his way into the role of wholesale account executive.