Senior Security
网友投稿• 2022-01-05 15:50:47 •阅读115
A security (usually debt) that, in the event the issuer goes bankrupt, must be repaid before other creditors receive any payment. |||In the event of liquidation, senior debtholders have seniority and are repaid before the junior debt. This is also known as "unsubordinated debt".
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