sub-prime
adjective
PROPERTY,FINANCE(alsosubprime)ukusused todescribeamortgagethat has a highriskof not beingpaidback:
subprime mortgages/loans/lendingThiscreditcrunchwassparkedbyfearsthatbanksgave out too many subprimemortgages.
subprime borrower/lenderDefaults haveclimbedsharplyonmortgagesto subprime borrowers withweakcredithistories.