신용도가 낮은 대출자에게 적용되는 대출이나 신용 거래에 관한 것으로, 보통 높은 이자율과 같은 불리한 조건을 수반함.
Relating to credit or loan arrangements for borrowers who have a poor credit history and are considered a higher risk for lenders.
예문:
"The collapse of the subprime mortgage market triggered a severe economic recession."
"Subprime loans often carry much higher interest rates to compensate for the increased risk of default."
"Financial institutions are now more cautious about approving subprime credit card applications."