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Describing a class of security that, in the event of liquidation, is prioritized lower than other classes of security. For example, a subordinated security may be an unsecured loan, which has no collateral. Should the issuer be liquidated, all secured bonds and debts must be repaid before the subordinated security is repaid. A subordinated security carries higher risk but also pays higher returns than other classes. See also: Junior Debt.
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To agree to place one's mortgage or other interests in a junior position relative to another. See subordinated ground lease and subordinated mortgage.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Trying to defend her position against such a chain of critique, Kate_G develops a subordinative argumentation structure, in which each argument is supposed to lend support to the previous argument that was challenged.
In Orality and literacy, Walter Ong has provided a framework for understanding orality and literacy as polar concepts, as well as for the transition from one to the other.(26) Among the characteristics of `orally based thought and expression' Ong highlights the following: additive rather than subordinative; aggregative rather than analytic; redundant or `copious'; empathetic and participatory rather than objectively distanced; situational rather than abstract.(27) In my opinion it is not possible to fathom the early musical mind without seriously assessing the relevance and effect of these mental attitudes on the perception of composers, performers and listeners; in other words, on the period ear.
For a detailed study of the nature of Kant's logic as subordinative rather than subsumptive Coy contrast with Wolff), see Beatrice Longuenesse, Le Pouvoir de juger (Paris: Presses Universitaires de France, 1993); and for a study showing this to have been a feature common to the thought of the major philosophers of the seventeenth century, see Jean-Claude Pariente, L'Analyse du langage a Port-Royal.
Drawing largely upon the empirical findings of students of oral literature from only a few settings: Ancient Hebrew, Indo-European and African, Ong posits a universal category of 'primary orality', which he characterizes as: additive rather than subordinative; aggregative rather than analytic, redundant or 'copious', agonistically toned, empathetic and participatory rather than objectively distanced, etc.
And he asks whether technological change will make "a society without submissive striving, without subordinative effort." Id.
So too, oral narratives tend to be more "additive" than "subordinative," relying heavily on coordinating conjunctions to link independent phrases and thoughts, thus constructing these clusters of events and meanings.