Subordination
Definition:
Where a claim or right is given lower Priority with respect to other claims in the Capital Structure. For instance, agreements can include a Subordination clause that states that a current claim on debts will have Priority over other claims formed in future agreements.
See also Priority, Subordinated Debt, and Subordination Agreement.
Your complete M&A platform
Datasite provides you one end-to-end platform that supports you across all stages of the deal.
Datasite Intelligence
Find more buyers faster
Datasite Pipeline
Capture opportunities in one place
Datasite Outreach
Optimize your deal marketing
Datasite Prepare
Be ready for any transaction
Datasite Diligence
Trust the premier data room
Datasite Acquire
Trust the premier buy-side data room
Datasite Archive
Preserve and protect your project data