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subordinated debenture

/səˈbɔːrdɪneɪtɪd dɪˈbɛnʧər/
Main Example

The company issued a subordinated debenture to raise funds.

Example context
Grammatical Info:
Noun (n.)

A type of bond that is repaid after other debts in case of liquidation.

Other Example
Synonyms
Synonyms

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