Question: What Does Subordinate Mean In Banking?

What is the meaning of subordinate?

1 : placed in or occupying a lower class, rank, or position : inferior a subordinate officer.

2 : submissive to or controlled by authority.

3a : of, relating to, or constituting a clause that functions as a noun, adjective, or adverb..

What does subordinate a lot mean?

Subordination is the placing of a thing, such as a claim, in a position lower to another. Commonly used in the financial world, subordination refers to placing a loan at a lower priority than another loan to the same person or entity. … To explore this concept, consider the following subordination definition.

What is subordination risk?

Subordinated debt is debt that is repaid after senior debtors are repaid in full. It is riskier as compared to unsubordinated debt and is listed as a long-term liability after unsubordinated debt on the balance sheet.

What is a subordinate idea?

Subordinating an idea means that you consider it less important than another idea. A sentence that contains a primary idea and subordinate idea(s) can act as a good thesis statement because it can suggest a focus for a paper and provide some of the reasoning behind your views.

What is superior subordinate relationship?

Superior-subordinate communication refers to the interactions between organizational leaders and their subordinates and how they work together to achieve personal and organizational goals Satisfactory upward and downward communication is essential for a successful organization because it closes the gap between superior …

What does subordinate financing mean?

Subordinate financing is debt financing that is ranked behind that held by secured lenders in terms of the order in which the debt is repaid. “Subordinate” financing implies that the debt ranks behind the first secured lender, and means that the secured lenders will be paid back before subordinate debt holders.

What is a bank subordination fee?

A subordination agreement is an instrument that allows a first lien or interest to be paid off and allows another first mortgage company to come in and be the first priority lien holder. It is very common for the borrower to pay subordination fees.

What is another name for subordinate?

In this page you can discover 92 synonyms, antonyms, idiomatic expressions, and related words for subordinate, like: junior, smaller, not up to snuff, below-par, below the mark, minor, underling, subaltern, assistant, helper and aide.

How long does it take to subordinate a loan?

two to three weeksResubordination is easier now “But as property values are going up and the demand for refinance isn’t as much, it seems that the subordination process has gotten a little easier.” Typically, it takes two to three weeks to get the resubordination paperwork through, and it is likely to set you back $200 to $300.

How do I get a subordination agreement?

If you need to get a subordination agreement from a second mortgage lender, contact that lender. Explain that you’re refinancing your first mortgage and that the new lender wants a subordination agreement.

What are subordination requirements?

A subordination agreement is a legal document that establishes one debt as ranking behind another in priority for collecting repayment from a debtor. The priority of debts can become extremely important when a debtor defaults on payments or declares bankruptcy.

What is a subordinate character?

Definition: a character who plays an important role in the story but are not part of the main plot.

What is the best synonym for subordinate?

RELATED WORDS AND SYNONYMS FOR SUBORDINATEabettor.accomplice.aid.aide.assistant.associate.co-conspirator.colleague.More items…

What is the role of subordinate?

Subordinate role definition A subordinate role in a workplace means that the person reports to someone else. … The specific roles and duties of the subordinate depend on their level and the business and industry.

What is an example of subordination?

A subordinate clause has a subject and a verb, but it cannot stand alone as a complete sentence. Let’s look at some examples; If you win the award (you=subject; win=verb) … When she was sick (she=subject; was=verb)

How do you use subordinate in a sentence?

Subordinate sentence examplesHe put on the air of a subordinate who obeys without reasoning. … The authorship of the epistles is in many cases a matter of subordinate importance; at least for Protestants or for those surrendering Bible infallibility, which Rome can hardly do. … I consider myself fortunate to have such a subordinate by me.More items…

How can I improve my superior subordinate relationship?

Plan, organize, control and coordinate the work of subordinates. Know and apply company policies and procedures….Beyond that, there are a few other important suggestions for keeping in good standing with the boss:Cooperate fully with one’s immediate superior. … Obey the superior’s orders and carry out his instructions.More items…•