Special offer

The Word Subprime Added to Dictionary

By
Real Estate Agent with Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com 0480809

Each year, new words are added to the Merriam-Webster Dictionary.  Some of those words this year are "Air quotes", "Dirty Bomb",  and even "Edamame". 

With all the mortgage controversies over the past few years, it's a wonder why it took so many years to get the word "Subprime" into the dictionary.  The official entry says it's an adjective and dates back to 1995:

"1 : having or being an interest rate that is higher than a prime rate and is extended especially to low-income borrowers <subprime mortgages> 2 : extending or obtaining a subprime loan <subprime lenders> <subprime borrowers>"

I find it interesting that even though the practice has been around since the mid-90's and foreclosure have been on the rise for the past couple of years because of subprime, that the word is just now making into the book of definitions. 

What makes a word eligible to be an acknowledged word?  The old saying used to be "Ain't ain't a word because ain't ain't in the dictionary," but the word ain't IS in the dictionary.  It has several definitions and they date the word back to 1749.  Why did it take so long to be put in the dictionary?

Are their words that you use in everyday language that are not in the dictionary?  My husband says I make up words, but I know they'll be words soon enough!!

Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Donna, when will  "subprime" has already make it into Spell Check, along with those other missing words loke blog and Google.

Jul 07, 2008 10:30 AM
Kelly Sibilsky
Licensed Through Referral Connection, LTD. - Lake Zurich, IL

Edamame was only just added? Go figure.

Jul 07, 2008 12:36 PM
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

Greg, Oh, that's one of my biggest pet peeves!!  I hate that word!  I've had so many clients use that word and I have to bite my tongue not to correct them!

Patricia, Yes, there are many words that need to be added to spellcheck.

Kelly, I just learned what edamame was last year when I was pregnant, and I thought everyone knew this word but me... good to know I wasn't the only one since it wasn't even in the dictionary yet!

Jul 07, 2008 02:11 PM
Rebecca Schrader
Competitive Insurance of Dundee - Dundee, FL

Does anyones spell check on AR work?  I think it's because I have Vista.

Jul 08, 2008 02:37 AM
Bill Frey
Ameristar Mortgage Corp - Brookfield, WI

How about "awaring"? We have a processor in our office who uses it all the time, and it seems to be a running joke...we have so many local phrases and slang terms in the Midwest that we'd need a regional dictonary to add them all. Webster should issue a dictonary of regional and local colloquialisms. They'd probably increase sales!

Bill Frey the money guy

Ameristar Mortgage

Jul 08, 2008 03:11 AM
Steve Shatsky
Dallas, TX

Hi Donna... pretty soon Alyssa is going to be making up her own words!  Get ready!

Jul 08, 2008 03:16 AM
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

Rebecca, I haven't been able to get spellcheck to work in a few weeks on AR.  I've been copying and pasting into Word or Outlook to check. I don't have Vista.

Bill, What is "awaring"?  We could definitely have our own dictionary with "yantu" and "fixin' ta".

Steve S, I think she already does.  She looks at me very intently and "talks".  I think she really thinks those sounds are words.  Some times I watch her try so hard to move her tongue around to make different sounds. I just tell her she's a good conversationalist.  She has these weird expressions on her face too, so I know she's really trying... but then I just laugh.

Jul 08, 2008 03:46 AM
Frank Schulte-Ladbeck
Frank Schulte-Ladbeck Professional Real Estate Inspections - Houston, TX

I have the tendency to slip a German word into my English without realizing it, but I am not as bad as my mother. When she realizes that she does not know the English, she says "Dass ding da" (that thing there). At one point her friends just assumed it was a word from Illinois.

 

Most dictionaries look at words to see if they are in common usage. For example, the word "staff" for employees took awhile because only a few firms used it with that meaning, even though it has been used in many industries in that way for quite awhile. Once the term became popular in "staffing agencies" and "wait staff", dictionaries started to mention that definition. It is interesting to note how different words are used across our country. My favorite to pick on is "Coke" to refer to any carbonated drink (it shows you the power of marketing thoug), and at least people readily understand it, whereas "soda" and "pop" are not.

Jul 08, 2008 04:02 AM
Frank Marta
Nuhome Mortgage - Houston, TX
Texas Home Loan Specialist NMLS#: 245813

That is kind of Ironic that the word is in the dictionary and now the market hardly exists...

Jul 08, 2008 04:45 AM
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

Frank S, I can't imagine a time when "staff" wasn't a common word used. Very interesting.

Frank M, Yes, that is ironic... maybe the definition will change in the next few years.

Jul 08, 2008 08:21 AM
Kevin McGourty
Realty ONE Group - Phoenix, AZ

Funny. I like your confidence with your husband. "Honey, don't worry, Webster will catch up with me."

Jul 08, 2008 08:23 AM
. .
International, IT

It's about time. I mean, Bootylicious is already in there!!!

Jul 08, 2008 08:43 AM
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

Kevin, *laugh* it's gotten to a point where he's told me I'm not allowed to teach her any new words.

Tasia, Exactly!

Jul 08, 2008 10:30 AM
Adam Waldman
Westcott Group Real Estate Company - Hauppauge, NY
Realtor - Long Island

DONNA - I think that the most amazing part is that there are still many people that I mention this to, and they have no idea what it means, although they may have heard the word.

Jul 08, 2008 01:40 PM
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

Adam, Most people don't reallly pay attention to our industry until/unless it's time for them to.

Jul 08, 2008 11:33 PM
Greg Nino
RE/MAX Compass - Houston, TX
Houston, Texas

I hate the following words:

Supple - like soapy fingers...

Nipple - like the baby bottle..

irregardless - stupid fake word

raddishes - my skin cringes when I think of this word - YUCK

      

 

Jul 10, 2008 06:13 AM
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

I hate the word Moist.  Like, "Those Brownies sure were moist."  YICK!

Jul 10, 2008 06:36 AM
Rich Dansereau
Positive Real Estate Professionals - Knoxville, TN

I am a word fanatic! I even got a BA in English because I am so enthralled by words and the etymology of them. I really believe the the naming of things and the reasoning behind that naming is of utmost importance. Great post!

Jul 10, 2008 02:08 PM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Donna,

The definition says only low-income borrowers, but that is a very narrow definition - and not even accurate.

Steve

Jul 11, 2008 07:30 AM
C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

Fascinating... simply fascinating...

Jul 14, 2008 11:42 AM