Junior Debt (Subordinate Debt)

Business / Finance / Junior Debt (Subordinate Debt): Debt whose holders have a claim on the firm's assets only after senior debtholder's claims have been satisfied. Subordinated debt.

Other Words for Debt

Debt Adjective Synonyms: obligation, due, indebtedness, liability, responsibility, accountability, encumbrance
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Other Words for Junior

Junior Noun Synonyms: secondary, lesser, lower, minor, subordinate, inferior, younger
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Level Debt Service

Business / Finance / Level Debt Service: A municipal charter provision that debt payments must be relatively equal from year to year so that required revenue projections are easier. MORE

Junior-Community College

Life Style / College / Junior-Community College: A Junior/Community College is a two-year institution of higher education. Course offerings generally include a transfer curriculum with credits transferable toward a bachelor's degree at a four-year c MORE

Junior Security

Business / Finance / Junior Security: A security that has a lower-priority claim on a company's assets and income than a senior security. For example common stock is junior to preferred stock. MORE

Junior Refunding

Business / Finance / Junior Refunding: Issuing of new securities to refinance government debt that matures in one to five years. MORE

Long Term Debt

Business / Loan / Long Term Debt: Financing used to purchase or improve assets such as plant, facilities, large equipment and real estate. MORE

Long-Term Debt

Business / Finance / Long-Term Debt: Total of all debt due after one year including bonds at face value. MORE

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