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A debt owed to an unsecured creditor that can only be paid, in the event of a liquidation, after the claims of secured creditors have

A debt owed to an unsecured creditor that can only be paid, in the event of a liquidation, after the claims of secured creditors have been met.

A. Subprime Debt

B. Subordinated Debt

C. Secured Debt

D. None of the above

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