Junior Debt (subordinate Debt)

What is it? Debt whose holders have a claim on the firms assets only after senior debtholders claims have been satisfied. Subordinated debt.

Added By: Jordan

Send To Friends!

If you'd like to send the Junior Debt (subordinate Debt) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Junior Debt (subordinate Debt). If you need any more information on this term, please don't hesitate to contact us.