the act of placing in a lower rank or position: The refusal to allow women to be educated was part of society's subordination of women to men. the act subordinating, or of making dependent, secondary, or subservient. the condition of being subordinated, or made dependent, secondary, or subservient.

What does subordination mean on a deed?

A subordination agreement is a legal document that establishes one debt as ranking behind another in priority for collecting repayment from a debtor. The priority of debts can become extremely important when a debtor defaults on payments or declares bankruptcy.

What happens when you subordinate a loan?

When you take out a mortgage loan, the lender will likely include a subordination clause. ... A subordination clause serves to protect the lender in case you default. If a default happens, the lender would have the legal standing to repossess the home and cover their loan's outstanding balance first.