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  1. Oxford American Dictionary

    subordinated debt

    • IPA[səˌbôrdnˌādid ˈdet]

    美式

    • n.
      a debt owed to an unsecured creditor that can only be paid, in the event of a liquidation, after the claims of secured creditors have been met.

    • noun: subordinated debt, plural noun: subordinated debts

    • 更多解釋

    subordinated debt

    • n.
      a debt owed to an unsecured creditor that in the event of a liquidation can only be paid after ...

    Oxford Dictionary