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Glossary > J > "Junior debt (subordinate debt)" Definition

Junior debt (subordinate debt)

Debt whose holders have a claim on the firms assets only after senior debtholders claims have been satisfied. Subordinated debt.

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Junior debt (subordinate debt) - Debt whose holders have a claim on the firms assets only after senior debtholders claims have been satisfied. Subordinated debt.

Junior debt (subordinate debt) : debt whose holders have a claim on the firms assets only after senior debtholders claims have been satisfied. subordinated debt.