>  Term: junior debt (subordinate debt)
junior debt (subordinate debt)

Debt whose holders have a claim on the firm's assets only after senior debtholder's claims have been satisfied. Subordinated debt.

0 0

작성자

  • Jessehe
  •  (V.I.P) 32013 포인트
  • 40.13% positive feedback
© 2024 CSOFT International, Ltd.