Agreed. However, things like a "subharmonic processor" usually refer to the use of the octave-down creation of tones (also know to guitarists and bassplayers as an "octaver"). They add a tone an octave below the root frequency of the lowest tone in the spectrum (probably the kick and the bassguitar). Because you can get really really low with such a technique, you'll probably end up creating tones in a range where there's nothing else yet, so it will add a layer that kind of feels like "fullness" added to the mix. I never use them myself, but if you want that super-fat techno kick that can be hear in the next continent, you could use such a thing.