Examlex
Currently, over half of the infant-toddler teachers leave their position each year.
Subordinated Debt
Debt with a lower priority for the payment of interest and principal than other (senior) debt.
Senior Debt
Senior debt is a loan or bond that takes priority over other unsecured or junior debt owed by the issuer.
Convertible
A type of financial security, such as a bond or preferred stock, that can be converted into a specified amount of another type, typically common stock, at the holder's option.
Bond Yields
The amount of return an investor realizes on a bond, usually expressed as a percentage of the bond's value.
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