Finance Debt Consolidation Massachusetts

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Debt consolidation - Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.

Subordinated (debt) - Subordinated debt, also known as junior debt, is a finance term to describe debt that is unsecured or has a lesser priority than that of an additional debt claim on the same asset. This means that if the party that issued the debt defaults on it, people holding subordinated debt get paid after the holders of the "senior debt," and hence is more risky.

Massachusetts Bay Transportation Authority - The Massachusetts Bay Transportation Authority (MBTA) is a "a body politic and corporate, and a political subdivision" of the Commonwealth of Massachusetts formed in 1964] to finance and operate most [[bus, subway, commuter rail and ferry systems in the greater Boston, Massachusetts, USA area. It replaced an earlier agency called the Metropolitan Transit Authority, or the MTA, as immortalized in the popular folk-protest lament "The MTA Song".

Debt to equity ratio - The debt to equity ratio is a financial ratio of balance sheet debt divided by shareholders' equity. It is used to calculate a company's "financial leverage" and indicates what proportion of equity and debt the company is using to finance its assets.


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