Series 79: Junior Secured Debt

Taken from our FINRA Investment Banking Exam

Definition of the term Junior Secured Debt...

secured debt that has a lower priority in bankruptcy than other secured debt. Also called subordinated secured debt.

Since you're reading about Series 79: Junior Secured Debt, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!