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English definition of “subordinated”


adjective [before noun]     /səˈbɔːdɪnət/ (also subordinate) FINANCE
used to describe a loan that will be paid back after other loans , if the person borrowing money gets into financial difficulty : Franklin Auto Loan Funding issued senior and subordinated certificates to three institutional investors . The group has approximately $41 million of subordinated debt outstanding . → Compare mezzanine, senior
(Definition of subordinated adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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