Glossary entry (derived from question below)
English term or phrase:
subprime loan
Serbo-Croat translation:
kredit odobren licu sa nižim kreditnim rejtingom
English term
Subprime
panic caused by subprime loan crisis
4 +1 | kredit odobren licu sa nižim kreditnim rejtingom | majadina |
Jun 13, 2013 21:36: majadina Created KOG entry
PRO (1): Miomira Brankovic
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Proposed translations
kredit odobren licu sa nižim kreditnim rejtingom
rejtingom (subprime loans).... *http://www.ekof.bg.ac.rs/organizacije/monopolist/2010/ML51.p...
A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans. Quite often, subprime borrowers are often turned away from traditional lenders because of their low credit ratings or other factors that suggest that they have a reasonable chance of defaulting on the debt repayment.
*http://www.investopedia.com/terms/s/subprimeloan.asp
subprime lending - davanje zajma licima sa lošim kreditnim rejtingom (Rečnik bank. i fin., B. Simurdić)
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