An unsecured debt instrument that is payable only after more senior debt has been satisfied. Because of the increased risk associated with a subordinate debenture, it typically earns a higher interest rate than either a senior note or a secured debt.
Related information about subordinate debenture:
- Subordinate Debenture - Financial Dictionary - The Free Dictionary
An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: ...
- What is subordinate debenture? definition and meaning
Definition of subordinate debenture: An unsecured debt instrument that is payable only after more senior debt has been satisfied. Because of the increased risk ...
- Debentures versus Subordinated Debentures - Financial Web
This leaves the subordinate debenture acting as a junior debt to the more senior debenture in case of insolvency. As you might imagine these issues, although ...
- debenture - Business Definition
... Mentioned In. bond · convertible · deb · draft · liability · registered (coupon) bond · subordinate bond · subordinate debenture. Browse entries near debenture ...
- Technical results of BMCI subordinate debenture - Bourse de ...
ANNOUNCEMENT No.66 OF NOVEMBER 19th 2012. TECHNICAL RESULTS OF BMCI SUBORDINATE DEBENTURE. (French version only available) ...
- What is a sinking fund debenture? | Answers Encyclopedia: Facts ...
Related research questions. When are debentures offered? What is a subordinate debenture? What is debenture? What is a convertible debenture? What is the ...
- subordinate verb - definition in Business English Dictionary ...
All. subordinate adjective · subordinate noun · subordinate bond, at subordinated bond noun · subordinate debenture, at subordinated debenture noun ...
- Technical Services Bureau - The New York State Department of ...
Certificate of Membership plus a Subordinate Debenture Bond at a member- owned golf club, and, if sales tax is due on the bond, is it refundable if Petitioner ...