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Term of the Day
subordination
subordinated debt
subordination agreement
Definition
The act of sharing
credit
loss
risk
at varying
rates
among two or more
classes
of
securities
; relegation to a lesser
position
, usually in respect to a
right
or
security
.
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Popular 'Lending & Credit' Terms
equity
triple net lease
leverage
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amortization
security
accounts receivable
quick ratio
financial leverage
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Mentioned in these terms
subordination agreement
subordination clause
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