Answer Posted / g.naveen kumar
A loan (or security) that ranks below other loans (or
securities) with regard to claims on assets or earnings.
Also known as a "junior security" or "subordinated loan".
In the case of default, creditors with subordinated debt
wouldn't get paid out until after the senior debtholders
were paid in full. Therefore, subordinated debt is more
risky than unsubordinated debt.
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
How Do I Record Exterior Cement Work? Is It An Asset Or An Expense?
Differentiate between trade, commerce business and industry.
What is crar?
What would you do if you did not have to work for money? How does that relate to this job?
Tell something about debt market?
What is a Fiscal policy? State its features?
What Do You Mean By Derivatives? Give An Example.
What is current assets turnover ratio? What does it indicate?
why should be must tin no for business
What are the indicators of inflation?
What are quasi sovereign bonds?
What is a cash flow statement? How is it different from a funds flow statement?
What is difference between FII and FDI?
Explain different types of insurance policies.
Where have you come from and what is famous in your city?