See Also: Subordination clause(finance)
Subordination clause(money)
subordination(dictionary)
Subordination(law)
dominance-subordination(medicine)
clause(dictionary)
clause(dictionary)
Migration clause(finance)
Prepayment Clause(money)
Penalty clause(money)
Subordination clause (finance)
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.
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