Definition of subordinated debt in English:

subordinated debt

Line breaks: sub|or¦din|ated debt

noun

Finance
  • A debt owed to an unsecured creditor that in the event of a liquidation can only be paid after the claims of secured creditors have been met.
    More example sentences
    • The company also won a 30 million euro waiver on some of its subordinated debt.
    • Certain transaction types are also a good fit for subordinated debt, including management buy-outs and acquisitions.
    • There could be a couple of different debt tiers, maybe using some kind of subordinated debt.

More definitions of subordinated debt

Definition of subordinated debt in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day maelstrom
Pronunciation: ˈmālˌsträm
noun
a powerful whirlpool in the sea