Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Subordination Agreement

A legal document that establishes one debt as ranking behind another in priority for collecting repayment from a debtor; acknowledges that one party’s claim or interest is superior to that of another party in the event that the borrower's assets must be liquidated to repay the debts.

Source: Global | Date: 10 October 2025 | ID: D1571 | Version: 2