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 Secular:
- Examples Long-term time frame (10-50 years or more subordination clause definition.
- Definition Stated Conversion Price:
- Examples issuance of a convertible security, the price the issuer effectively grants the securityholder to purchase the common stock, equal to the par value of the convertible security divided by the subordination clause explain.
- Definition Substitution Swap:
- Examples A swap in which a money manager exchanges one bond for another bond that is similar in terms of coupon, maturity, and credit quality, but that offers a higher yield subordination clause what is.
- Definition Swap:
- Examples An arrangement in which two entities lend to each other on different terms, e.g., in different currencies, and/or at different interest rates, fixed or floating subordination clause meaning.
- Definition Secondary Market:
- Examples securities are traded after they are initially offered in the primary market. Most trading occurs in the secondary market. The New York Stock Exchange, as well as all other stock exchanges and the subordination clause abbreviation.
