What is the meaning of Subordination?

Subordination is the process of sharing the risk of credit losses disproportionately among two or more classes of securities.

Barry Goldsmith
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APABarry Goldsmith. (2010). subordination. Retrieved September 23, 2026, from http://smartdefine.org/subordination/definitions/1164475
ChicagoBarry Goldsmith. 2010. "subordination" http://smartdefine.org/subordination/definitions/1164475 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, subordination, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/subordination/definitions/1164475>.
MLABarry Goldsmith. "subordination" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/subordination/definitions/1164475>
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