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Subordinated Debt
Loans or securities that rank below other loans or securities with regard to claims on assets or earnings, typically entailing higher risk and higher interest rates.
Yield
The income return on an investment, such as the interest or dividends received, expressed usually as a percentage of the investment's cost or current market value.
Restrictive Covenants
Clauses in contracts that impose limitations or conditions on the actions of parties, commonly found in lending agreements to protect the lender.
Indenture
A formal legal agreement, contract, or document, especially one relating to a loan or bond issue.
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