A subordination agreement is created when a lender is given first priority to a company’s business assets with no regards to the outside lenders’ provision of organization loans. The secured lender has all of the rights to the company’s assets, including contract rights and cash, which… View Full Term
Trending Terms
Divestopedia Terms
Connect with us
Subscribe To Our Newsletter
By clicking sign up, you agree to receive emails from Divestopedia and agree to our Terms of Use and Privacy Policy.