The phrase
"subprime market" refers to a part of the financial world where loans are given to people who have low creditworthiness or are considered high-risk borrowers. These borrowers generally have a history of late payments, defaults, or other financial problems.
Full definition
Similar and related words and phrases are presented below.
«subprime»
«market»
Related phrases
Sentences with «subprime market»
- That litigation involves allegations that the bank failed to disclose more than $ 10 billion in exposure to the U.S. subprime market in 2007, so it is a higher stakes case than most. (canadianlawyermag.com)
- The FHA subprime market results in higher losses to FHA, and allows the most vulnerable borrowers to be overcharged. (rismedia.com)
- The private subprime market depended on the substantial liberalization of underwriting requirements that arose out of the housing bubble during 2000 - 2007. (rismedia.com)
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