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Subordinated Debt

Subordinated Debt defined: Subordinated debt is a security that ranks below other securities when it comes to claim on assets or earnings. In case of bankruptcy, subordinated debt does not get repaid until all senior debt has been settled.

Above is a definition for “Subordinated Debt” from PrivCo’s Private Company Knowledge Bank, the definitive online and e-book guide to private companies and private company deals.

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