Subordination Clause

Business, Legal & Accounting Glossary

Definition: Subordination Clause


Subordination Clause


Full Definition of Subordination Clause


Clause in some mortgages which allows subsequent mortgages on the same property to have higher claim than the current mortgage.


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Subordination Clause. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/subordination-clause/.
Chicago Manual of Style (CMS):
Subordination Clause. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/subordination-clause/ (accessed: March 28, 2024).
American Psychological Association (APA):
Subordination Clause. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/subordination-clause/

Definition Sources


Definitions for Subordination Clause are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.