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Subordinated debenture

• The claims of holders of this issue rank after those of holders of various other unsecured debts incurred by the issuer.

 
 Embedded terms in definition
 Issuer
Issue
Secured debt
Unsecured debt
Unsecured
 
 Related Terms
 Debenture
Debenture bond
Subordinated
Subordinated debenture bond
Subordinated debt

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Discovery consists of looking at the same thing as everyone else does and thinking something different. - Albert Szent-Gyorgyi, 1937 Nobel Prize in Physiology and Medicine

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