subprime

1. not comparableLess than prime; inferior.

   subprime beef

   Antonyms: superprime

2. USnot comparablenow worldwidebankingDesignating a loan (typically at a greater than usual rate of interest) offered to a borrower who is not qualified for other loans (for example, because of a poor credit history).

   Central to the story was Steve Eisman, an eccentric and rebarbative hedge-funder who was one of the earliest to see through the subprime lies.

   2014 April 5, Alex Preston, “Flash Boys: Cracking the Money Code by Michael Lewis, review: Michael Lewis tells the compelling true story of one man’s mission to tame Wall Street [print version: Capital ventures]”, in The Daily Telegraph, London, archived from the original on 08 Apr 2014, page R26

3. USdatednot comparablebankingDesignating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.

plural subprimes

1. A subprime loan.