junior debt

junior debt
Obligations of an issuer for which repayment has contractually been given a priority that is lower than the repayment priority of other debts of the same obligor. This arrangement may arise from either a specific subordination agreement or a public issuance of subordinated debt instruments. American Banker Glossary
————
(subordinate debt ; subordinated debt)
debt whose holders have a claim on the firm's assets only after senior debtholder's claims have been satisfied. subordinated debt. Bloomberg Financial Dictionary

* * *

junior debt junior debt debt

* * *

junior debt UK US noun [U] FINANCE
debt that will not be paid back by a company that goes bankrupt until other debts have been paid: »

It is understood that the shareholder loans will be junior debt in the company's capital structure, and will be used before the bank debt to provide funds for the roll-out of the service.

Compare MEZZANINE(Cf. ↑mezzanine), SENIOR DEBT(Cf. ↑senior debt)

Financial and business terms. 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Junior Debt — is debt that is either unsecured or has a lower priority than of another debt claim on the same asset or property. It is a debt that is lower in repayment priority than other debts in the event of the issuer s default. Junior debt is usually an… …   Investment dictionary

  • junior debt — finance provided by the equity funders, who are also known as the junior lenders. Also known as subordinated debt. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Junior Debt — Das nachrangige Darlehen (auch Junior Debt) ist ein Begriff der Unternehmensfinanzierung. Es handelt sich um ein Darlehen, das anderem Fremdkapital gegenüber im Fall der Liquidation oder der Insolvenz eines Unternehmens nachgeordnet ist. Es ist… …   Deutsch Wikipedia

  • Junior Debt — Junior Debenture; englische Bezeichnung für nachrangiges Fremdkapital. Im Rahmen der Mezzanine Finanzierung handelt es sich bei den J.D. um ungesicherte nachrangige Darlehen, die in ihrem Rang unmittelbar vor dem Eigenkapital stehen. Gegensatz: ⇡ …   Lexikon der Economics

  • junior debt — debt that will be repaid after the preferred debts are repaid …   English contemporary dictionary

  • 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. The New York Times Financial Glossary …   Financial and business terms

  • Debt overhang — is when an organization (for example, a business, government, or family) has existing debt so great that it cannot easily borrow more money, even when that new borrowing is actually a good investment that would more than pay for itself. This… …   Wikipedia

  • debt — that which is owed. If you borrow money, buy something on credit or receive more money on an account than is owed, you have a debt. Glossary of Business Terms Funds owed by a debtor to a creditor. Outstanding debt obligations are assets for… …   Financial and business terms

  • Debt — Money borrowed. The New York Times Financial Glossary * * * debt debt [det] noun 1. [countable] money that one person, organization, country etc owes to another: • The country will not receive further funds after it failed to repay debts of $16… …   Financial and business terms

  • Junior Note — Das nachrangige Darlehen (auch Junior Debt) ist ein Begriff der Unternehmensfinanzierung. Es handelt sich um ein Darlehen, das anderem Fremdkapital gegenüber im Fall der Liquidation oder der Insolvenz eines Unternehmens nachgeordnet ist. Es ist… …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”