subordinated debenture

listen to the pronunciation of subordinated debenture
English - Turkish
ikincil tahvil
English - English
The claims of holders of this issue rank after those of holders of various other unsecured debts incurred by the issuer
A debt that is junior in claim on assets to other debt, repayable only after other debts with a higher claim have been satisfied
A debenture whose claim to interest and principal of the corporation comes after those of regular debentures and other debt securities
A debt security that will be paid off after the issuer first pays off debt to senior creditors in the event of the dissolution of the company BACK TO TOP
A bond having a claim on assets only after the senior debt has been paid off in the event of liquidation
subordinated debenture

    Hyphenation

    sub·or·di·na·ted de·ben·ture

    Turkish pronunciation

    sıbôrdıneytîd dıbençır

    Pronunciation

    /səˈbôrdəˌnātəd dəˈbenʧər/ /səˈbɔːrdəˌneɪtɪd dəˈbɛnʧɜr/
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