- subordinated
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/seuh bawr"dn ay'tid/, adj. Finance.noting or designating a debt obligation whose holder is placed in precedence below secured and general creditors: subordinated debentures.[SUBORDINATE + -ED2]
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Universalium. 2010.
subordinated
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subordinated — + subordination/subordinated An arrangement where one creditor or group of creditors (the junior creditor(s)) agrees not to be paid by a borrower or other common debtor until another creditor or group of creditors (the senior creditor(s)) have… … Law dictionary
subordinated — subordinate, subordinated, subordination Debts or claims that have a lower status or priority than other debts or claims are subordinate. For example, creditor A may agree in a subordination agreement to have its claims on the cash flow or on the … Financial and business terms
Subordinated — Subordinate Sub*or di*nate, v. t. [imp. & p. p. {Subordinated}; p. pr. & vb. n. {Subordinating}.] 1. To place in a lower order or class; to make or consider as of less value or importance; as, to subordinate one creature to another. [1913… … The Collaborative International Dictionary of English
subordinated — /seuh bawr dn ay tid/, adj. Finance. noting or designating a debt obligation whose holder is placed in precedence below secured and general creditors: subordinated debentures. [SUBORDINATE + ED2] … Useful english dictionary
subordinated debt — Debt that is unsecured and/or ranks for interest and repayment after the senior debt of a company. Subordinated debt may rank below senior debt in the following ways: • Repayment of principal. The more senior the debt, the earlier it will be due… … Law dictionary
subordinated debenture — ➔ debenture * * * subordinated debenture UK US (also subordinate debenture) noun [C] FINANCE ► SUBORDINATED BOND(Cf. ↑subordinated bond) … Financial and business terms
subordinated notes — ➔ note1 * * * subordinated notes UK US noun [plural] FINANCE ► notes (= loans for short periods) where the company or person lending the money will be paid back after others, or will receive a smaller amount than they are owed, if the person… … Financial and business terms
subordinated bond — UK US (also subordinate bond) noun [C] (also subordinated debenture) FINANCE ► a bond that will be paid back after other bonds, if the issuer (= company or government offering it for sale) gets into financial difficulty: »Banks regularly issue… … Financial and business terms
subordinated notes — USA Also known as subordinated debt. Junior debt that ranks behind senior debt and is repayable in bankruptcy proceedings after other senior debt has been paid. Related terms mezzanine debt Practical Law Dictionary. Gloss … Law dictionary
subordinated bonds — or debentures A bond that has a claim on the issuing firm s assets that is junior to other forms of debt in the event of a liquidation. The claims of subordinated debenture holders can be met only after all the claims of senior creditors have… … Black's law dictionary
