subordinated debentures
subordinated debentures
Finance dictionary of financial terms
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Economics and finance
Definition of subordinated debentures
subordinated debentures: an unsecured bond issued only by creditworthy firms. The lenders’ claims are the same as those of any general creditor, hence are subordinated to other debenture holders and any bond issues that may be outstanding.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of subordinated debentures
Meaning of subordinated debentures
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