A category of loans (debts) that that ranks relatively low on the scale of repayment priority amongst other sources of...
Liabilities which, in the event of liquidation or insolvency of the issuer (the debtor), are treated as subordinated to the...
A debt instrument that is classified as ranking below other classes of debt instrument in terms of claims on an...
Subordinated sukuk constitute a category of sukuk (sukuk structure) in which sukuk certificates give sukuk holders a residual claim over...
The order by which claims for ownership or interest in a set of assets are prioritized for payment and settlement....
A classification of debt (whether in the form of loans, securities or similar items) that ranks below other classes of...
A type of sukuk structure in which sukuk certificates give sukuk holders residual claim over the assets financed by their…
A method/ technique whereby an entity can lower the credit risk of securities that are created and issued on a...
A mechanism whereby various bespoke CDOs (bespoke tranches) can share the total subordination provided by the whole set of bespoke...
An alternative term for attachment point; the lower tranche boundary that specifies, in addition to the upper tranche boundary (detachment...