subordinatedadjective [ before noun ]
uk/səˈbɔːdɪnət/usalso subordinate FINANCEused to describe a loan that will be paid back after other loans, if the person borrowing money gets into financial difficulty:
Franklin Auto Loan Funding issued senior and subordinated certificates to three institutional investors.
The group has approximately $41 million of subordinated debt outstanding.
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mezzanine
senior