What is The Meaning of Junior Debt?
Junior debt refers to bonds or other forms of debt that are issued by default, with a lower repayment priority than other high-priority loans. Because of this, subdued notes pose a risk to investors and therefore earn higher interest rates than senior issuers.
- Junior debt refers to bonds or other debt securities that are issued with less priority than senior debt securities.
- Subordinate duties, also known as subordinate obligations, are settled only in the event of late payment or bankruptcy after full payment of senior obligations.
- Unlike senior loans, junior loans generally do not support any type of suicide.
- Because of these characteristics, subordinated liabilities are risk averse and have higher interest rates than senior liabilities.
Literal Meanings of Junior Debt
Meanings of Junior:
Someone who is a few years younger than others.
A person whose position or status is inferior to others.
One size fits all teens or thin women.
Through, for the appointment of young people or teenagers.
Lower or lower rank or degree.
Sentences of Junior
She is five years younger
Part of my job is to supervise my subordinates.
Synonyms of Junior
flunkey, sub-, lackey, myrmidon, assistant, right-hand woman, aide, retainer, secondary, deputy, vassal, junior, menial, younger, adjutant, subordinate, servant, serf, subject, right-hand man, minor, inferior
Meanings of Debt:
Some, usually money, loans or debts.
Synonyms of Debt
tally, account, amount due, money owing, bill, financial obligation, outstanding payment