subordinated debt

(redirected from Subordinated loan)
Also found in: Financial, Wikipedia.
Related to Subordinated loan: Subordinated Debentures

subordinated debt

n
(Commerce) commerce a debt that an unsecured creditor can only claim, in the event of a liquidation, after the claims of secured creditors have been paid
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
The subordinated loan agreement between JSC Bank of Georgia and the EFSE has a maturity of 10 years and qualifies for tier two capital under the Basel Three framework introduced recently in Georgia.
NORDIC BUSINESS REPORT-May 21, 2019-Plc Uutechnic Group announces payment of subordinated loan
M2 EQUITYBITES-May 21, 2019-Plc Uutechnic Group announces payment of subordinated loan
Global Banking News-May 21, 2019-Plc Uutechnic Group announces payment of subordinated loan
(SDK; TSE:4004) hereby announces that it made an early repayment of JPY 24 billion that it raised in a subordinated loan (the "Subordinated Loan") on April 3, 2014.
'Subordinated loan in no way be utilised for any other purpose including margin financing/margin trading (which replaced the old badla system),' a prior circular of the SECP said.
'We are delighted of our role in establishing PMIC in 2016 with the financial support from UK's Department of International Development and now to be further strengthening it through this subordinated loan for on-lending to microfinance institutions and microfinance banks.
EBRD is providing a subordinated loan of up to $100m to Commercial International Bank (CIB) to strengthen CIB's capital base and support the growth of the bank's lending in Egypt.
It received another 200 billion rouble subordinated loan from the central bank last year.
Bank of Georgia Holdings PLC, the holding company of JSC Bank of Georgia, on Thursday announced that it has received a USD65m subordinated loan facility from IFC Capitalization Fund.
This action will take place over a period of two and a half years (until the end of April 2016) and will, through the tool of Subordinated Loan, strengthen capital requirements for the construction of about 350 SMEs , based on an average amount of the subordinated loan of 40,000 dinars per project, likely to generate 6,600 direct job positions.