Meaning SUBORDINATION CLAUSE: A provision in a bond indenture that restricts the issuer's future borrowing by subordinating future lenders' claims on the firm to those of the existing bondholders
More terms such as Subordination clause in Dictionary S.
- Definition Severally But Not Jointly:
- Examples An agreement between members of an underwriting group buy a new issue (severally), but not to assume joint liability for shares left unsold by other members subordination clause definition.
- Definition Savings Bank:
- Examples An institution that primarily accepts consumer savings deposits and to make home mortgage loans subordination clause explain.
- Definition S;P 500 Composite Index:
- Examples Index of 500 widely held common stocks that measures the general performance of the market subordination clause what is.
- Definition Switch Order:
- Examples Order for the purchase (sale) of one stock and the sale (purchase) of another stock at a stipulated price difference. Contingent order, swap subordination clause meaning.
- Definition Short Settlement:
- Examples Trade settlement made prior to the standard five-day period due to customer request subordination clause abbreviation.
