Subordinated debenture bond
- 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. The New York Times Financial Glossary
Financial and business terms.
2012.
Look at other dictionaries:
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. Bloomberg Financial Dictionary … Financial and business terms
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. The New York Times Financial Glossary * … Financial and business terms
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. Bloomberg Financial Dictionary * * *… … Financial and business terms
subordinated debenture — ➔ debenture * * * subordinated debenture UK US (also subordinate debenture) noun [C] FINANCE ► SUBORDINATED BOND(Cf. ↑subordinated bond) … Financial and business terms
subordinated bond — UK US (also subordinate bond) noun [C] (also subordinated debenture) FINANCE ► a bond that will be paid back after other bonds, if the issuer (= company or government offering it for sale) gets into financial difficulty: »Banks regularly issue… … Financial and business terms
subordinated bonds — or debentures A bond that has a claim on the issuing firm s assets that is junior to other forms of debt in the event of a liquidation. The claims of subordinated debenture holders can be met only after all the claims of senior creditors have… … Black's law dictionary
subordinated debentures — subordinated bonds or debentures A bond that has a claim on the issuing firm s assets that is junior to other forms of debt in the event of a liquidation. The claims of subordinated debenture holders can be met only after all the claims of senior … Black's law dictionary
subordinated bonds or debentures — A bond that has a claim on the issuing firm s assets that is junior to other forms of debt in the event of a liquidation. The claims of subordinated debenture holders can be met only after all the claims of senior creditors have been met. Usually … Black's law dictionary
debenture — a fixed interest investment in a company, which has priority for interest payments, generally redeemable after the lapse of a specified time Any debt obligation backed strictly by the borrower s integrity, e.g. an un secured bond. A debenture is… … Financial and business terms
debenture — /dabentyar/ Long term unsecured debt instrument, issued pursuant to an indenture. A promissory note or bond backed by the general credit and earning history of a corporation and usually not secured by a mortgage or lien on any specific property;… … Black's law dictionary