Words / S / Business

subprime

adjective/ˈsʌbpraɪm/

B2CEFR level
45/100Rarity: uncommon
TechnicalRegister

Relating to lending to borrowers with poor credit at higher interest rates.

After the missed payments, he could only get a subprime car loan at nearly thirty percent.

Similar: non-prime

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Finance