| 单词 | subprime |
| 释义 | subprime (sʌbpraɪm ) adjective A subprime loan is a loan that is made to a borrower who has been unable to pay back loans in the past, usually with a high interest rate. Billions of dollars worth of subprime loans were issued in the US. Collocations: subprime crisis With hindsight, many people claimed they saw the subprime crisis coming. ST At that time, the subprime crisis was in full flow and it became difficult and expensive for banks to raise funds in money markets. Times, Sunday Times He said the subprime crisis in 2000 was not as quick to have a ripple effect. The Star (South Africa) The subprime crisis saw the tables turned. Times, Sunday Times This occurred before the subprime crisis began to shake financial markets. Retrieved from Wikipedia CC BY-SA 3.0 The vulnerability of subprime mortgage assets, taken out on overpriced properties by individuals unable to meet repayments, has been clear for a year. Times, Sunday Times And it failed to gauge how quickly the subprime mortgage crisis would affect the economy. The Sun They dismissed his warnings that the subprime mortgage disaster would trigger a financial meltdown. Times, Sunday Times In the financial crash of 2008 the bank took an 865 million bath because of its avoidable exposure to risky subprime mortgage debt. Times, Sunday Times Current market estimates say the subprime mortgage fallout could cost up to 200billion. The Sun |
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