Subordinated debt(redirected from subordinated debts)
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Related to subordinated debts: Subordinated Debentures, Unsubordinated Debt
Subordinated debt generally refers to debt securities that have a secondary or lesser claim to the issuer's assets than more senior debt, should the issuer default on its obligations.
In fact, there are also levels of subordinated debt, with senior subordinated debt having a higher claim to repayment than junior subordinated debt.