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  2. Subordinated debt - Wikipedia

    en.wikipedia.org/wiki/Subordinated_debt

    Subordinated debt. In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company falls into liquidation or bankruptcy . Such debt is referred to as 'subordinate', because the debt providers (the lenders) have subordinate status in ...

  3. Subordination (finance) - Wikipedia

    en.wikipedia.org/wiki/Subordination_(finance)

    United States law. [edit] Subordination of debt. [edit] Subordinationis the process by which a creditor is placed in a lower priority for the collection of its debt from its debtor's assets than the priority the creditor previously had,[1]In common parlance, the debt is said to be subordinated but in reality, it is the right of the creditor to ...

  4. Second lien loan - Wikipedia

    en.wikipedia.org/wiki/Second_lien_loan

    Subordinated debt refers to a class of obligations that are contractually subordinated in ranking to all of the senior obligations (i.e., general non-subordinated obligations) of the company, whether they are secured or unsecured. Although the second lien loan's security interest is subordinated to the first lien loan's interest in the pledged ...

  5. How does debt consolidation work? Answers from someone who’s ...

    www.aol.com/finance/debt-consolidation-loans...

    Debt consolidation is a form of debt refinancing in which the borrower takes out a loan, credit card or line of credit and uses it to pay off other debts. This helps debt repayment as the borrower ...

  6. These are the best debt relief options — which is right for you?

    www.aol.com/finance/different-debt-relief...

    A DMP is a three-to-five-year plan designed to help you exit debt sooner. You will make a monthly payment to the agency, which will pay your creditors. The agency may be able to negotiate lower ...

  7. Secured vs. unsecured debt: What’s the difference? - AOL

    www.aol.com/finance/secured-vs-unsecured-debt...

    Secured debt is backed by collateral, whereas unsecured debt doesn't require you to put any assets on the line to get approved. Because lenders take on more risk, unsecured debts tend to have ...

  8. Senior debt - Wikipedia

    en.wikipedia.org/wiki/Senior_debt

    Senior debt. In finance, senior debt is debt that takes priority over other unsecured or otherwise more "junior" debt owed by an issuer. Senior debt is frequently issued in the form of senior notes or referred to as senior loans. Senior debt has greater seniority in the issuer's capital structure than subordinated debt.

  9. Perpetual subordinated debt - Wikipedia

    en.wikipedia.org/wiki/Perpetual_subordinated_debt

    Perpetual subordinated debt. Perpetual subordinated debt is subordinated debt in the form of a bond with no maturity date for the return of principal. Such a perpetual bond means it never needs to be redeemed by the issuer, and thus pay coupon interest continually until bought back (hence, "perpetual"). Like other subordinated debt, it has ...

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