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Definition of 'Unsubordinated Debt'
A loan or security that ranks above other loans or securities with regard to claims on assets or earnings. Also known as a senior security.
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Investopedia explains 'Unsubordinated Debt'
In the case of default, creditors with unsubordinated debt would get paid out in full before the junior debt holders. Therefore, unsubordinated debt is less risky than subordinated debt.
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Search results for 'Unsubordinated Debt'
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http://www.investopedia.com/articles/stocks/09/bankrupt-stocks.asp
... subordinated, unsubordinated, secured, unsecured) have first claim to any assets
or payments. ... shares are issued, generally as a form of payment to debt holders ...
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http://www.investopedia.com/university/advancedbond/advancedbond1.asp
... If you hold an unsubordinated (senior) security and the company defaults, you will
be ... On the other hand, if you own a subordinated (junior) debt security, you ...
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