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subprime

/ˈsʌb.pɹʌɪm/ /ˈsʌb.pɹaɪm/

Meanings
noun
A subprime loan.

Examples :

"Many people took out subprime loans to buy houses, even though they had a difficult time paying bills. "
finance business economy

Related Words

Illustration borrowers

borrowers noun

/ˈbɒrəʊərz/ /ˈbɑːroʊərz/

One who borrows.

"The bank offers lower interest rates to borrowers with good credit. "

Illustration development

development noun

/dɪˈvɛləpmənt/

The process of developing; growth, directed change.

"The development of this story has been slow."

Illustration qualified

qualified adjective

/ˈkwɒl.ɪ.faɪd/ /ˈkwɑl.ɪ.faɪd/

Meeting the standards, requirements, and training for a position.

"My brother is qualified to be a teacher because he has a degree in education and several years of experience working with children. "

Illustration inferior

inferior noun

/ɪnˈfɪəɹɪə/ /ɪnˈfɪ(ə)ɹiɚ/

A person of lower stature to another

"As you are my inferior, I can tell you to do anything I want."

Illustration mortgage

mortgage noun

/ˈmɔː.ɡɪdʒ/ /ˈmɔɹ.ɡɪdʒ/

A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property, such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.

"To buy a house, John took out a mortgage. "

Illustration worldwide

worldwide adjective

/ˈwɜːldwaɪd/ /ˈwɝldˌwaɪd/

Spanning the world; global.

"A large meteorite impact would cause worldwide extinction of life."

Illustration commercial

commercial noun

/kəˈmɜːʃəl/ /kəˈmɝʃəl/

An advertisement in a common media format, usually radio or television.

"The school played a commercial for their new after-school program on the radio. "

Illustration typically

typically adverb

/ˈtɪp.ɪ.kl.i/

In a typical or common manner.

"My sister, typically, wakes up early for school. "

Illustration interest

interest noun

/ˈɪntəɹɪst/ /ˈɪntəɹst/

The price paid for obtaining, or price received for providing, money or goods in a credit transaction, calculated as a fraction of the amount or value of what was borrowed.

"Our bank offers borrowers an annual interest of 5%."

Illustration designating

designating verb

/ˈdezɪɡneɪtɪŋ/ /dɪˈzɪɡneɪtɪŋ/

To mark out and make known; to point out; to indicate; to show; to distinguish by marks or description

"to designate the boundaries of a country"

Illustration difficult

difficult verb

/ˈdɪfɪkəlt/

To make difficult; to impede; to perplex.

"The complicated instructions on the new software difficult me from completing the project on time. "

Illustration desirable

desirable noun

/dɪˈzaɪəɹəbəl/

A thing that people want; something that is desirable.

"There are plenty of desirables on display in the window."