1. Subordinated securities refer to securities whose rights to dividends and creditor's rights of residual assets are inferior to other securities during bankruptcy liquidation, and such securities are "subordinated securities". A typical case is that the issuer/ad hoc institution issues two types of assets, namely, priority securities and secondary securities, under the priority securities issuance mode.
Senior securities have priority to enjoy the cash income of related loans, and all losses will be borne by secondary securities. When the senior securities holders are paid in full, the secondary securities can be paid, and the promoters usually bear the credit risk by retaining the secondary securities (low credit securities). After the cash flow generated by the loan portfolio repays the principal and interest of the senior securities with a fixed amount, all the remaining profits belong to the holders of the secondary securities.
2. Capital stock: capital contribution made by shareholders of the company in the form of shares. It is called shareholders' equity in the company's balance sheet. Equity is the paid-in capital of the company, not a credit asset; Belongs to shareholders' equity, not corporate debt.
It is best for investors to have a preliminary understanding of the stock market before entering it. You can use a bull stock treasure to simulate stock trading in the early stage. There are some basic knowledge materials of stocks worth learning, and you can also establish your own set of mature knowledge and experience of stock trading through relevant knowledge. I wish you a happy investment!