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subprime

2 entries found.


Main Entry:
sub·prime 
          Listen to the pronunciation of subprime
Pronunciation:
\ˈsəb-ˌprīm\
Function:
adjective
Date:
1995
1 : having or being an interest rate that is higher than a prime rate and is extended especially to low-income borrowers <subprime mortgages> 2 : extending or obtaining a subprime loan <subprime lenders> <subprime borrowers>


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