subordinated debt

English - Turkish

Definition of subordinated debt in English Turkish dictionary

(Ticaret) ikinci derecede borç

English - English

Definition of subordinated debt in English English dictionary

Any debt that is junior to other debts in establishing a claim against an asset(s)

Debt over which senior debt takes priority In the event of bankruptcy, subordinated debt-holders receive payment only after senior debt is paid in full A subordination of security interest in property allows another creditor to have the rights to the proceeds of the sale of that property before the claim of the subordinated creditor

Unsecured debt or debt that has a lower claim priority than senior debt Subsidiary company - A company in which the majority of shares (a controlling position) is held by another company

A non-conventional financing instrument where the lender accepts a reduced rate of interest in exchange for equity participation

Debt that is repayable only after other debts have been repayed

Junior or secondary long-term debt that has a lower-priority claim on a company's assets in the case of a default or liquidation

in the event of bankruptcy, this is paid after senior debt

Hyphenation

sub·or·di·na·ted debt

Turkish pronunciation

sıbôrdıneytîd det

Pronunciation

/səˈbôrdəˌnātəd ˈdet/ /səˈbɔːrdəˌneɪtɪd ˈdɛt/