劣れつ後ご債さいれつごさいMeanings1nounsubordinated debt; junior debtFinancial term for debt that ranks below other debts in case of liquidation; common in banking and corporate finance.銀ぎん行こうは劣れつ後ご債さいを発はっ行こうして資し本ほんを増ぞう強きょうした。The bank issued subordinated debt to strengthen its capital.