subprime

adjective

sub·​prime ˈsəb-ˌprīm How to pronounce subprime (audio)
1
: having or being an interest rate that is higher than a prime rate and is extended chiefly to a borrower who has a poor credit rating or is judged to be a potentially high risk for default (as due to low income)
subprime mortgages
a subprime loan
2
: extending or obtaining a subprime loan
subprime lenders
subprime borrowers

Examples of subprime in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Steve Eisman, the investor who called the subprime mortgage crisis, said fears of the massive size of the federal budget deficit may be overblown. Yun Li, CNBC, 8 July 2025 While the 2008 crisis was driven by subprime mortgages, speculative buying and a general lack of oversight on the mortgage market, the current downturn in the Cape Coral housing market has been driven by high mortgage rates, rising inventory and growing economic uncertainty at the national level. Giulia Carbonaro, MSNBC Newsweek, 7 July 2025 Before that, supply hadn’t been this high since 2009, amid the subprime mortgage crisis and the Great Recession. Diana Olick, CNBC, 25 June 2025 Leading up to the 2008 financial crisis, predatory payday and subprime lenders lobbied Congress under the guise of financial inclusion and enlisted prominent civil rights groups to amplify their message. Cleve Mesidor, Forbes.com, 25 June 2025 See All Example Sentences for subprime

Word History

First Known Use

1995, in the meaning defined at sense 1

Time Traveler
The first known use of subprime was in 1995

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Cite this Entry

“Subprime.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/subprime. Accessed 18 Jul. 2025.

Legal Definition

subprime

adjective
sub·​prime ˈsəb-ˌprīm How to pronounce subprime (audio)
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

More from Merriam-Webster on subprime

Last Updated: - Updated example sentences
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