subordinate debentures

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• subordinate debentures — A type of corporate bond for which the indenture covenants provide that some of the company s debt has a lower priority than other debts in the event of a liquidation. For example, some bonds may be subordinate to others. Subordinate bonds are… …   Financial and business terms

• 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 — /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

• 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

• List of Ordinances and Acts of the Parliament of England, 1642 to 1660 — This is a list of Ordinances and Acts of the Parliament of England from 1642 to 1660, during the English Civil War and the Interregnum.As King Charles I of England would not assent to Bills from a Parliament at war with him, decrees of Parliament …   Wikipedia

• 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

• bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

• bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

• bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… …   Universalium

• subordinated — /seuh bawr dn ay tid/, adj. Finance. noting or designating a debt obligation whose holder is placed in precedence below secured and general creditors: subordinated debentures. [SUBORDINATE + ED2] * * * …   Universalium