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


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