Definition for : Subordinated debt

Subordinated Debt is the Debt repaid after the claims of the other creditors, in particular the senior creditors (see Senior debt), have been settled. Subordinated Debt is also called Junior debt.
(See Chapters Chapter 22 Shares and Chapter 45 Taking control of a company of the Vernimmen)
To know more about it, look at what we have already written on this subject