Super Finance Glossary
Over 10,000 financial glossary terms...
Junior Debt (subordinate Debt)
Junior Debt (subordinate Debt)
Definition: Debt whose holders have a claim on the firm's assets only after senior debtholder's claims have been satisfied. Subordinated debt.
Definition: Debt whose holders have a claim on the firm's assets only after senior debtholder's claims have been satisfied. Subordinated debt.