podporządkowanie spłaty pożyczki

English translation: subordination of loan repayment

18:31 Oct 27, 2019
Polish to English translations [PRO]
Bus/Financial - Finance (general)
Polish term or phrase: podporządkowanie spłaty pożyczki
umowa o podporządkowanie spłaty pożyczki spłacie należności z tytułu kredytu inwestycyjnego
Portable
Local time: 00:49
English translation:subordination of loan repayment
Explanation:
subordination of loan repayment
---

subordination of loan repayment to Citibank if developer defaults on the Citibank loan after conversion to permanent financing
http://file.lacounty.gov/SDSInter/bos/supdocs/73185.pdf
Selected response from:

mike23
Poland
Local time: 00:49
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4subordinated loan
Wojciech Wołoszyk
2 +1subordination of loan repayment
mike23


  

Answers


36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
subordinated loan


Explanation:
Subordinated debt (also known as a subordinated debenture) is an unsecured loan or bond that ranks below other, more senior loans or securities with respect to claims on assets or earnings. Subordinated debentures are thus also known as junior securities. In the case of borrower default, creditors who own subordinated debt will not be paid out until after senior bondholders are paid in full.



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Note added at   40 min (2019-10-27 19:12:03 GMT)
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https://www.investopedia.com/terms/s/subordinateddebt.asp


    https://www.investopedia.com/terms/s/subordinateddebt.asp
Wojciech Wołoszyk
Poland
Local time: 00:49
Works in field
Native speaker of: Native in PolishPolish
PRO pts in category: 47
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40 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
subordination of loan repayment


Explanation:
subordination of loan repayment
---

subordination of loan repayment to Citibank if developer defaults on the Citibank loan after conversion to permanent financing
http://file.lacounty.gov/SDSInter/bos/supdocs/73185.pdf

mike23
Poland
Local time: 00:49
Specializes in field
Native speaker of: Native in PolishPolish
PRO pts in category: 164

Peer comments on this answer (and responses from the answerer)
agree  Frank Szmulowicz, Ph. D.
6 hrs
  -> Dziękuję Frank. Pozdrawiam
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