单词 | subordinated |
释义 | subordinated in Finance (səbɔrdəneɪtɪd) adjective Word buildersub-The prefix sub- often appears in words connected with something that is a smaller part of anotherthing, or with words to do with passing on a responsibility, debt, etc. to someoneelse.(Finance: Mortgage) A subordinated loan is a loan that has less legal priority to be repaid. In the event of bankruptcy, senior debt must be repaid before subordinated debt is repaid. In the event of bankruptcy, subordinated debtholders receive payment only after senior debt claims are paid in full. A subordinated loan is a loan that has less legal priority to be repaid. |
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