Letter S
property

Subordination

An agreement placing one creditor's claim or lien behind another's in priority.

Related terms

More legal terms starting with S

See all letter-S terms →

Looking for citation help? How to cite law · Citation methodology

See also: Full glossary index

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.