A subordination of mezzanine capital whereby a lender contractually agrees to be subordinated to another. A borrower effectuates this though…

The upper tranche boundary that specifies, in addition to the lower tranche boundary (attachment point), a collateralized debt obligation tranche...

It stands for asset backed security; a security that is created by means of a process called "securitization"- the creation...

A security that is created by means of a process called "securitization"- the creation of securities backed by pools of...

In the context of subprime deals, it is a provision that entails the conversion of deal structure from sequential pay…

The upper tranche boundary that specifies, in addition to the lower tranche boundary (attachment point), a collateralized debt obligation tranche...

The lower tranche boundary that specifies, in addition to the upper tranche boundary (detachment point), a collateralized debt obligation tranche...

An agreement by one creditor (the subordinated or junior creditor) to be paid by a borrower or issuer only after...

A subordination of mezzanine capital that is defined by the borrower group's corporate structure. For example, this type of subordination...

A type of sukuk structure in which sukuk certificates give sukuk holders residual claim over the assets financed by their funds. This claim ranks...