Definition of "sub-prime" [sub-prime]

• Alternative spelling of subprime. (adjective)

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• "Bank of America, which bought the largest mortgage lender in the US last year at the height of the sub-prime crisis, also announced large write-downs on its assets, mainly ­sub-prime home loans."
• "Bordeaux has long been the sort of community that African Americans have associated with middle class comforts, a neighborhood in which, in previous generations, black business owners, doctors and academics purchased and built homes -- long before anyone ever heard the term sub-prime mortgage."
• "The three investigations were among the first to weigh criminal charges against the companies and executives at the heart of the U.S. housing crisis, which was in part caused by offering so-called sub-prime loans to people who may not have otherwise qualified for credit."