In the event of insolvency,subordinated debt ranks:

Name: In the event of insolvency,subordinated debt ranks:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Subordinated debt is a form of debt that is considered lower in priority compared to other forms of debt in case of insolvency. In the event of insolvency, other similar classes of debt such as senior debt would have higher priority for repayment compared to subordinated debt. Therefore, subordinated debt ranks below other similar classes of debt for repayment.

In the Event of Insolvency,subordinated Debt Ranks