nonprime en · ADJ
Etymology
From non- + prime.
Meanings
- (not-comparable) Not prime; composite
-
(not-comparable) Providing credit to borrowers that are more likely to default due to a poor credit history or other problems.
Nonprime, sometimes called "near-prime," obligors usually have good credit histories marked by a few default payments.
2005, Frank J. Fabozzi, The Handbook of Fixed Income Securities, →ISBN, page 649:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| non-prime | alternative | lexicographic |