unsubordinated debt


Debt that ranks above other loans in the case of bankruptcy or insolvency. Holders of unsubordinated debt can claim access to collateral or earnings before other debt holders, such as the holders of junior debt. opposite of subordinated debt.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
unsterilized foreign exchange intervention unsuccessful