junior bondholder
noun[ C ]
FINANCEukus
a person or organization that owns bonds in a company and that will not be paid back until others have been paid if the company goes bankrupt
Compare
senior bondholder
Examples of junior bondholder
junior bondholder
Very frequently indeed the juniorbondholder will come out of a reorganization as simply a preferred stockholder--which is what he practically was all the time.
From Project Gutenberg
Junior bondholders in the bank suffered 5 billion euros of losses between 2009 and 2011 as the bank's bad loans surged following a real-estate collapse.
From Bloomberg
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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