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Junior debt (subordinate debt)
| Глоссарий экономических терминов |
Debt whose holders have a claim on the firm`s assets only after senior debtholder`s claims have been satisfied. subordinated debt.
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Debtholder, английский
See: bondholder
Subordinated, английский
A claim ranked lower in priority than other claims. common stock claims are always subordinated to debt.
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Investment decisions, английский
Decisions concerning the asset side of a firm`s balance sheet, such as the decision to offer a new product.
Original issue discount debt (oid debt), английский
Debt that is initially offered at a price below par.
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