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subordinated

[suh-bawr-dn-ey-tid] /səˈbɔr dnˌeɪ tɪd/
adjective, Finance.
1.
noting or designating a debt obligation whose holder is placed in precedence below secured and general creditors:
subordinated debentures.
Origin of subordinated
Related forms
unsubordinated, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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