subordinated

[suh-bawr-dn-ey-tid]

adjective Finance.

noting or designating a debt obligation whose holder is placed in precedence below secured and general creditors: subordinated debentures.

Origin of subordinated

Related formsun·sub·or·di·nat·ed, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019