A loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings.
Example: Subordinate Debentures or Subordinate bonds
In Roman:
Aisay loans jinki claim power low ha like in case of bankruptcy sbse pehlay high claim power k loans pay kiye jayengay than bari ayegy us se low than us se low tu ye wo loans hn jo bank ne high claim k loans ko pay krnay k baad agar paisay bachay hn tu pay krne hn its means ye risky instruments hotay hn.
On Sun, Sep 18, 2011 at 12:47 PM, Black Bird <black.bird006@gmail.com> wrote:
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sub-ordinated loans and deferred tax liability
kindly explain these terms.
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