Subordinated Debt (Junior Debt) Financial Glossary
What is it? Debt whose holders, in the event of liquidation, get paid only after senior debt is paid off in full. (Also see senior debt)Finance Term Definition Added By: Elizabeth
The Subordinated Debt (Junior Debt) definition has been viewed 841 Time(s)!
Send To Friends!
If you'd like to send the Subordinated Debt (Junior 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 Subordinated Debt (Junior Debt). If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Prime Rate is A short-term interest rate quoted by a commercial bank as an indication of the rate being charged on loans to its best commercial customers. Even though banks frequently charge more and sometimes less than the quoted prime rate, it is a benchmark against which other rates are measured.Financial Term Sweat Equity is A program which allows a purchaser to do work on the property in place of all or part of the down payment and other costs of purchase.
Financial Term Settlement is The process of finalizing the sale of property that includes the transfer of title from the seller to the buyer. Also called closing.
Financial Term S&P 500 is (see Standard & Poors 500 Index)
Financial Term CCJ is County-Court Judgement (England and Wales) - awarded against you if you are summoned to court over a debt and either dont turn up or lose the case.