"Subordinate loans" refer to loans that have a lower priority or ranking in terms of repayment compared to other loans or debt obligations. This means that if there is a financial issue or default, the other loans will be repaid first before the subordinate loan. In summary,
subordinate loans are less important or have a lesser claim on repayment.
Full definition
Synonyms for individual words can be found below.
«subordinate»
«loans»
Sentences with «subordinate loans»
- Users that create Subordinated Loan Agreement sometimes need additional documents. (rocketlawyer.com)
- Whether you are purchasing a home in La Jolla, Encinitas, Oceanside or downtown we offer subordinate loans for purchase or refinance. (bdnationwidemortgage.com)
- Most real estate projects raise funds in form of subordinated loans regulated by the KASG. (ncfacanada.org)
- (see all
sentences)