subordinated debt


noun

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

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What does “vacillate” mean?
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