Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does contractually subordinated mean?

SEARCHING
Suggestion/Report Error
contractually subordinated
Adjective


Referring to indebtedness having a subordinated right to repayment or claim to a borrower's assets owing to senior lenders by means of a subordination agreement or intercreditor agreement (contractual subordination).

top
© 2015-2024 Pecunica LLC.  All rights reserved.
;