senior

Definition
Receiving priority in a debt claim in the event of liquidation. opposite of junior.




senior is ...
... part of the
Lending & Credit subject.


Related Terms

junior refunding -  More
overlying mortgage -
voting right -  More
golden handshake, associate broker, super senior, senior secured debt


senior appears in these other terms

senior security, senior refunding, senior debt


senior appears in the definitions of these other terms on BusinessDictionary.com

Loading...








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