FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RCIktlKyYGqZda2w0eQsJNW
Label Subordinated Creditor
Preferred Label N/A
Identifier N/A
Alternative Labels
Junior Creditor Lower-Priority Creditor Subordinated Lender

Definition

A Subordinated Creditor holds a claim or loan against a debtor that ranks below other debts in terms of repayment priority, often arising when creditors agree to lesser priority in exchange for potential higher returns. In bankruptcy, these creditors are paid only after senior debts have been settled, making their recovery prospects less certain.

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available