Subordinated debt
paid after the “senior” lenders but before the shareholders
Where it appears in the course
In the academy “Subordinated debt” is not a definition but an operation: you post it yourself and watch what it does to the balance sheet.
paid after the “senior” lenders but before the shareholders
In the academy “Subordinated debt” is not a definition but an operation: you post it yourself and watch what it does to the balance sheet.