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Junior debt

Debt that is either Unsecured or has a lower priority than that of another debt Claim on the same Asset or Property. also called Subordinated debt.

Related Terms: 12 Asset, Call, Claim, Debt, ECU, Low, Owe, Property, SEC, Subordinated, Subordinated debt, Unsecured
Other Related Pages: Category: Lending_and_Credit Starting With: J
Semi Related Terms: 425 CLICK HERE TO VIEW