Junior issue

(redirected from Subordinated Security)

Junior issue

A debt or equity issue from one corporation over which the issue of another firm takes precedence with respect to dividends, interest, principal, or security in the event of liquidation.

Junior Issue

A security that has a lower priority compared to another in the event of liquidation. That is, if a company goes bankrupt and is liquidated, holders of secured debt must be paid before the holders of unsecured debt. Holders of unsecured debt must be paid before preferred shareholders, and finally, preferred shareholders must be satisfied before common shareholders. In the forgoing, each security is a junior issue compared to the previous one. See also: Absolute Priority Rule.
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Conducting the required works at the subordinated security forces camp.
Subscribers of the Debentures ( Debentureholders ) are provided with subordinated security over the personal property of the Company and its subsidiary, BioExx Proteins of Saskatoon Inc.
said Thursday it will raise 200 billion yen in funds by issuing a new type of subordinated security called trust preferred securities worth 100 billion yen and Euroyen-denominated convertible bonds of another 100 billion yen.
units at Police stations at subordinated Security Directorates in Cairo, Giza, Kalioubiya, Fayyoum, Beheira, Sharkiya & Menoufiya.