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Contractual Subordination

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

Mezzanine Capital

A distinct sub-asset class (actually, a type of private equity) that is used to fill the funding gap between senior…

Mezzanine Capital

A distinct sub-asset class (actually, a type of private equity) that is used to fill the funding gap between senior...

Mezz Capital

A short form for mezzanine capital; a distinct sub-asset class (actually, a type of private equity) that is used to...

Structural Subordination

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