a debt that an unsecured creditor can only claim, in the event of a liquidation, after the claims of secured creditors have been paid
Examples of 'subordinated debt' in a sentence
subordinated debt
The subordinated debt is trading at about 25p in the pound.
Times, Sunday Times (2009)
Preferred shareholders and holders of the government-sponsored lenders' $19 billion of subordinated debt would also suffer.
Times, Sunday Times (2008)
Last month the friendly society raised 350million from a sale of subordinated debt to a range of institutional investors.
Times, Sunday Times (2013)
Banks can do this because they've had our billions; insurers and retailers, also big issuers of subordinated debt, do not have that luxury.
Times, Sunday Times (2009)
About $1.4 billion of its assets are in cash, with the remainder a combination of commercial paper, medium-term notes and subordinated debt securities.
Times, Sunday Times (2007)
The flip side to this is that many banks are starting to buy back their subordinated debt.
Times, Sunday Times (2009)
Subordinated debt holders and shareholders would, equally explicitly, be known tobe at risk of loss for part or all of their funds.
Times, Sunday Times (2007)
The embattled society said that it would swap its subordinated debt, totalling 182.5 million, into new instruments that would be similar to equity.