InvestorWords.com

super senior


Definition

Part of a collateralized debt obligation's structure consisting of high-quality financial paper with a very low exposure to risk. Super senior notes are the top-rated debt in credit rating. In the case of a default, super senior debt is more likely to see at least a portion of its value returned to an investor.


Related Videos




Search for another term


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