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subordinated

Translation
subordinated
+ subordination/subordinated
An arrangement where one creditor or group of creditors (the junior creditor(s)) agrees not to be paid by a borrower or other common debtor until another creditor or group of creditors (the senior creditor(s)) have been paid. Broadly, there are two types of subordination: structural (common in the UK and mainland Europe) and contractual (common in the US).
On a contractual subordination, loans are made to the same company but the senior creditor and junior creditor agree priority of payment by contract.
Structural subordination arises where the senior creditor lends to a company which is lower in the group structure than the company into which the junior creditor lends. Junior creditors as creditors of the holding company effectively rank behind creditors of the operating company (in which all of the assets are usually invested) because they are a creditor of a shareholder in the holding company.
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+ subordination/subordinated
USA
Also known as subordinated. The act of lowering the payment priority of a right or a claim with respect to another right or claim.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

  
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  • subordinated — прил. фин. субординированный, младший по объему прав (о долге или ценной бумаге, которые в случае банкротства заемщика будут погашаться после других долгов/ценных бумаг) subordinated loan субординированный заем subordinated security младшая… …   Англо-русский экономический словарь

  • subordinated — Подчиненный be to подчиняться subordinated подчиненный …   Большой англо-русский и русско-английский словарь

  • Subordinated — Subordinate Sub*or di*nate, v. t. [imp. & p. p. {Subordinated}; p. pr. & vb. n. {Subordinating}.] 1. To place in a lower order or class; to make or consider as of less value or importance; as, to subordinate one creature to another. [1913… …   The Collaborative International Dictionary of English

  • 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

  • subordinated — 1) Общая лексика: субординированный 2) Математика: подчинённый 3) Экономика: имеющий пониженный статус (о ценной бумаге) 4) Финансы: с более поздней срочностью (исполнения обязательств), имеющий менее высокую срочность, с менее высокой срочностью …   Универсальный англо-русский словарь

  • Subordinated — Law: SUBD …   Универсальный русско-английский словарь

  • subordinated debt — Debt that is unsecured and/or ranks for interest and repayment after the senior debt of a company. Subordinated debt may rank below senior debt in the following ways: • Repayment of principal. The more senior the debt, the earlier it will be due… …   Law dictionary

  • subordinated loan notes — A debt instrument, which ranks for interest and repayment after other borrowings of a company. Related links loan notes Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • subordinated notes — USA Also known as subordinated debt. Junior debt that ranks behind senior debt and is repayable in bankruptcy proceedings after other senior debt has been paid. Related terms mezzanine debt Practical Law Dictionary. Gloss …   Law dictionary

  • 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 should a company fall into receivership or be closed.Such debt is referred to as… …   Wikipedia

Фильмы

  • Caution! Maoism!, 1979 — The film presents a bright, pursuasive analysis of maoism. Materials of newsreel are used.
  • The Word is Spoken- the Job is Done., 1981 — About the Tambov collective farm named after the Comintern (the Communist International).
  • A Shot at Oneself., 1989 — About Lieutenant General S.M. Krylov, who headed the Academy of the USSR Ministry of Internal Affairs in 1974-1979 .