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subordinated

[suh-bawr-dn-ey-tid]
adjective Finance.
  1. noting or designating a debt obligation whose holder is placed in precedence below secured and general creditors: subordinated debentures.
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Origin of subordinated

Related formsun·sub·or·di·nat·ed, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018