Subordinated 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 Junior debt.

Related Terms: 12 Asset, Call, Claim, Debt, ECU, Junior, Junior debt, Low, Owe, Property, SEC, Unsecured

Other Related Pages: Category: Lending_and_Credit Starting With: S

Additional Related Terms: 52-week low, Active asset, Asset, Asset/equity ratio, Asset management account, Accrual of discount, Amortization of premium, Asset-backed security, Asset swap, At par