Subordinated debentures
Debt that is subordinated, or junior, has a priority lower than that of other debt in terms of payment (but like all bonds, it ranks ahead of stock).
Subordinated Debenture
A type of debenture whose claim to interests and principal comes after those of regular debentures and other debt securities.
Subordinated debenture
A debt security that will be paid off after the issuer first pays off debt to senior creditors in the event of the dissolution of the company.
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Subordinated debenture bond
An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral trust bonds.
Subordinated Debenture
A bond having a claim on assets only after the senior debt has been paid off in the event of liquidation.
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Compare subordinated debenture bond, mortgage bond, and collateral trust bonds. Debt instrumentAn asset requiring fixed dollar payments, such as a government or corporate bond. Debt marketThe market for trading debt instruments.
Usually convertible bonds are subordinated debentures: that is, their claim to the assets of the issuing corporation is subordinated to that of senior issues.
A specific type of debenture is the subordinated debenture. In the event of liquidation, these debentures are subordinated to designated debt obligations, typically bank loans or notes payable.
First Capital Realty Inc. Announces $50.0 Million Bought Deal Offering of Convertible Unsecured Subordinated Debentures
Publish Date: Jul 28, 2011 02:24 PM ...
Debenture bond
An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt. Compare subordinated debenture bond and collateral trust bonds.
becomes a general creditor and therefore is less likely than the secured creditors to recover in full. Because of their high risk factor, debentures pay higher rates of interest than secured debt of the same issuer. See also subordinated debenture.
 See also: Debenture, Issue, Investment, Debt, Bonds
  
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