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Subordinated Debenture Definition | Becker

Accounting Dictionary

Subordinated Debenture

A subordinated debenture is a debenture that is subordinated to (lower than) other debt in terms of payment in the event of bankruptcy. Subordinated debentures may be subordinated to certain types of debt or to all other debt. See also debenture.

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Debenture [FARREGBAR]Back to Dictionary

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