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 Glossary   >   S   >   "Subordinated debenture bond" Definition   

        Subordinated debenture bond

An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral trust bonds.

Subordinated debenture bond


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Subordinated debenture bond - An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral trust bonds.


Subordinated debenture bond : an unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. related: debenture bond, mortgage bond, collateral trust bonds.