Junior debt, a type of subordinated debt, is repaid after senior debts during defaults, offering higher returns due to its riskier nature in real estate investing.
Debt is more common than ever. Student loans, credit cards, medical bills—most adults carry some form of debt into their ...
When I recently reviewed my columns of past years, I was surprised I hadn’t written about “the debt” – meaning the national debt – in six years. If anything, concerns about the national debt have ...