Search for a term:

absolute priority rule


Definition
The idea that creditors' claims take precedence over shareholders' claims in the event of a liquidation or reorganization. Shareholders are compensated only after creditors have been fully paid off.

Related Personal Finance Articles

Loading...

absolute priority rule in the news

Loading...

absolute priority rule is ...

... part of the Accounting, Bonds, Stocks and Investor Relations subjects.
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z