Subordinated Debt. Loading the player... What is 'Subordinated Debt'. Subordinated debt is a loan or security that ranks below other loans and securities with regard to claims on a company's assets or earnings. Subordinated debt is also known as a junior security or subordinated loan.
Narrators and Narrative Structure in Fiction. Narration in Film. Narrators and characters,..., are essentially 'paper beings'; the (material) author of a narrative is in no way to be confused with the narrator of that narrative. ....who speaks (in the narrative) is not who writes (in real life) and who writes is not who is.--Roland Barthes, The Structural Analysis of Narratives.
An essential element of historical fiction is that it is set in the past and pays attention to the manners, social conditions and other details of the period depicted.