Subordinated is a class of securities which have lower priority or claim against a borrower. Typically, these are unsecured obligations. They are also called Junior notes and bonds. This compares to Senior and Secured.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). subordinated. Retrieved September 26, 2026, from http://smartdefine.org/subordinated/definitions/1164468 |
| Chicago | Barry Goldsmith. 2010. "subordinated" http://smartdefine.org/subordinated/definitions/1164468 (accessed September 26, 2026). |
| Harvard | Barry Goldsmith 2010, subordinated, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/subordinated/definitions/1164468>. |
| MLA | Barry Goldsmith. "subordinated" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/subordinated/definitions/1164468> |