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Noun
1. subordinated debt
Wikipedia definition
2. Subordinated debtIn finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts should a company fall into liquidation or bankruptcy. Such debt is referred to as subordinate, because the debt providers (the lenders) have subordinate status in relationship to the normal debt. A typical example for this would be when a promoter of a company invests money in the form of debt, rather than in the form of stock.
Read “Subordinated debt” on English Wikipedia
Read “劣後債” on Japanese Wikipedia
Read “Subordinated debt” on DBpedia

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