SUBORDINATED DEBENTURE BOND


Meaning of SUBORDINATED DEBENTURE BOND in English

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 .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.