Definitions for "Subordinated Debt"
A claim on assets to secure debt where the debt is repayable only after other debts with a higher claim have been satisfied.
in the event of bankruptcy, this is paid after senior debt
a loan that has a lower priority than a senior loan in case of a liquidation of the asset or company. Also known as "junior debt".
Keywords:  subperiod, subpart, return
Subpart F Subperiod return
Keywords:  subrogate, swap
A loan that takes an inferior position to other financing; second position mortgage, for example. In the case of default, the loan in first or superior position is paid off before other loans.
Keywords:  clause
Subordination Clause
A non-conventional financing instrument whereby the lender accepts a reduced rate of interest in exchange for equity participation.