Subprime

What is Subprime?


1.

The term originated in the financial services industry to refer to lower-credit-score borrowers. However, thanks to continuous media use, a much broader audience was exposed to it in 2007 during the credit meltdown. Now, it is used to describe anything that is below standard or less than ideal.

This restaurant is subprime, let's get out of here!

See below par, par, sub-prime, prime, superior

2.

Subprime lending (also known as B-paper, near-prime, or second chance lending) is the practice of making loans to borrowers who do not qualify for the best market interest rates because of their deficient credit history.

This word first came into prominence in 2007 with the global

subprime mortgage meltdown.

The prefix "sub" translates roughly to "below the standard," while "prime" means something close to "the best."

The Subprime mortgage meltdown has shaken the world's financial system.

3.

A loan for those whom have "Shit" credit, with no desire of fixing and improving their credit, those who are knowingly lying about thier income, and whom really have no business buying a home.

Countrywide should do more subprime mortgages!!!

See sub-prime, credit, income, mortgage

4.

The opposite of prime. Means uncool.

Dan: Dude.. I crashed my car..

Rob: Oh.. subprime

See subprime, prime, cool, uncool, bad


47

Random Words:

1. a band who's first song was released in 1981. depeche mode was part of the new wave scene, breaking into the synth pop genre (now k..
1. Oakum n : loose hemp or jute fiber obtained by unravelling old ropes; when impregnated with tar it was used to caulk seams and pack joi..
1. Part of the southern Haka ritual carried out when taunting people called Dawn for their inept skills in anything at all ever in the whol..