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subordinated debt

British  

noun

  1. commerce a debt that an unsecured creditor can only claim, in the event of a liquidation, after the claims of secured creditors have been paid

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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A press release from EFG refers to "approximately 232.6 million euros of subordinated debt".

From Barron's Jun. 23, 2026

At least implicitly, the report is putting great weight on long-term subordinated debt at the holding company level.

From New York Times May 16, 2013

The ratings of the bank's subordinated debt might also be cut because the uncertainty about Diamond and del Missier's replacements will treat its investment banking arm - Barclays Capital.

From The Guardian Jul. 5, 2012

Founded in 1984, Summit Partners has raised a total of 16 equity funds and subordinated debt funds with combined assets of more than $14 billion.

From Reuters Jan. 5, 2012

It also said Forstmann was known for innovations including a "unique subordinated debt fund that enabled the firm to finance acquisitions without issuing junk bonds."

From Reuters Nov. 20, 2011

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