Home > Term: seniority
seniority
The order of repayment. In the event of bankruptcy, senior debt must be repaid before subordinated debt is repaid.
- ส่วนหนึ่งของคำพูด: noun
- อุตสาหกรรม/ขอบเขต: Financial services
- Category: General Finance
- Company: Bloomberg
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- Jessehe
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