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  2. Subordinated debt - Wikipedia

    en.wikipedia.org/wiki/Subordinated_debt

    Subordinated debt. In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company falls into liquidation or bankruptcy . Such debt is referred to as 'subordinate', because the debt providers (the lenders) have subordinate status in ...

  3. Secured vs. unsecured debt: What’s the difference? - AOL

    www.aol.com/finance/secured-vs-unsecured-debt...

    Personal loans, credit cards, student loans and medical loans are some forms of unsecured debt. Secured and unsecured debts have many similarities, but one major difference is whether collateral ...

  4. Debt 101: What Is Debt? - AOL

    www.aol.com/debt-101-debt-180710176.html

    August 2, 2024 at 2:07 PM. Debt is a fundamental aspect of modern finance, affecting daily spending and long-term financial planning. This guide covers various types of debt, both good and bad ...

  5. Asset-backed security - Wikipedia

    en.wikipedia.org/wiki/Asset-backed_security

    An asset-backed security ( ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool of underlying assets . The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows ...

  6. What is unsecured debt? - AOL

    www.aol.com/finance/unsecured-debt-020031866.html

    Personal loans, credit cards and student loans are some common types of unsecured debt. To get rid of unsecured debt, you'll have to pay it off or seek a legal recourse to get it discharged.

  7. Subordination (finance) - Wikipedia

    en.wikipedia.org/wiki/Subordination_(finance)

    Subordination of debt. Subordination is the process by which a creditor is placed in a lower priority for the collection of its debt from its debtor's assets than the priority the creditor previously had, [1] In common parlance, the debt is said to be subordinated but in reality, it is the right of the creditor to collect the debt that has been ...

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