Home > Term: Rule of Absolute Priority
Rule of Absolute Priority
A condition of bankruptcy proceedings under which junior (subordinated) claim holders can receive no payment until senior (priority) claim holders are paid in full.
- ส่วนหนึ่งของคำพูด: noun
- อุตสาหกรรม/ขอบเขต: Financial services
- Category: General Finance
- Company: Bloomberg
0
ผู้สร้าง
- Jessehe
-
(V.I.P) 32013 points - 40.13% positive feedback
