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...

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