ESG risk
The risk of suffering a negative impact on a company arising from environmental, social and governance (ESG) factors. [...]
structurally subordinated
Referring to indebtedness having a subordinated right to repayment or claim to a borrower's assets owing to senior lenders due to the location of the [...]
contractually subordinated
Referring to indebtedness having a subordinated right to repayment or claim to a borrower's assets owing to senior lenders by means of a subordination [...]
second-lien mortgage
A mortgage loan secured directly by the property it is financing but subordinate to the first-lien mortgage. [...]
first-lien mortgage
The senior-most loan secured by real estate having priority claim against the real property, it being first in the chronological order in which all mo [...]
perfected
Referring to a lien on property that has been filed with the appropriate recording office thereby giving legal public notice of the security interest [...]
