The Law Dictionary

SUBPRIME LOAN

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A loan given to higher risk parties who have a poor credit history, limited assets and low income in relation to the size of the loan which has interest rates set at a higher rate of interest. These rates are below the best interest rate (the prime rate) given to those with a stronger credit history and income. … [Read more...]

SUBREJOINDER

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

pleading. The plaintiff's answer to the defendant's rejoinder. It is governed in every respect by the same rules as the replication. … [Read more...]

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