"Subordination" means - in a legal context - the process by which an entity's or person's claims rank after the claims of another party. The opposite of subordination is "seniority". See "Subordinated Debt".
Subordination(See Chapter 21 of the Vernimmen)
"Subordination" means - in a legal context - the process by which an entity's or person's claims rank after the claims of another party. The opposite of subordination is "seniority". See "Subordinated Debt".
"Subordination" means - in a legal context - the process by which an entity's or person's claims rank after the claims of another party. The opposite of subordination is "seniority". See "Subordinated Debt".