A model of incentive effects of senior debt and junior debt is developed in the paper, in which both the rate of inflation and the rate of dividend yield are incorporated.

把通货膨胀率和红利支付率融入优先级债务和次级债务的激励效应模型。

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There is no junior debt in the capital structure, and that highlights another party fighting for business: mezzanine providers.

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Likewise a banker arranging a structured finance has a proportion of his bonus in the junior debt arising from that transaction.

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The irony is that the law that created the loan program specifically bars the Energy Department from taking a junior debt position.

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