| 单词 | junior debt |
| 释义 | junior debt noun[U] FINANCEukusdebtthat will not bepaidback by acompanythat goesbankruptuntil otherdebtshave beenpaid: It isunderstoodthat theshareholderloanswill bejuniordebtin the company'scapitalstructure, and will be used before thebankdebttoprovidefundsfor the roll-out of theservice. Compare mezzanine senior debt Examplesofjunior debtjunior debt A firm facing debt overhang can not issue newjuniordebtbecause default is likely. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.Usually, it is the mostjuniordebtin the company's debt portfolio, and since this loan belongs to shareholders it should be treated as equity. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.If this happens, thejuniordebtstill exists, but may become unsecured. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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