The distinction between senior and subordinated debt is associated with:
A)general debenture bonds.
B)mortgage bonds.
C)collateral trust bonds.
D)commercial bonds.

Question

Quizplus · Accepted Answer

General debenture bonds are often associated with the distinction between senior and subordinated debt, as they can be issued with different levels of priority in case of issuer default.

The Distinction Between Senior and Subordinated Debt Is Associated With