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What is Subordinated Term Loan?
A subordinated term loan or subordinated loan is debt that’s paid off after all principal loans are paid off, if there’s any capital left. It’s also known as subordinated debt, junior debt, or a junior security.
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OTHER TERMS BEGINNING WITH "S"
- Sales Ledger
- Schedule of Accounts
- Seasonality
- Secured Asset
- Secured Line of Credit
- Secured Overnight Financing Rate (SOFR )
- Senior Debt
- Servicing Fees
- Shareholder Equity
- Small & Medium Enterprise (SME) Financing
- Small Business Financing
- Small Business Loan
- Solvency
- Special Assets Department
- Sponsor-Backed Coverage
- Spot Factoring
- Statement of Work
- Stretch Financing (Stretch Loan)
- Subordination Agreement
- Subsidiary Ledger
- Supplier Finance
- Supply Chain Financing
- Supply Chain Management
- Suppressed Availability