Junior: Difference between revisions
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imported>Doug Williamson (Link with Tranche page.) |
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1. ''Credit risk.'' | |||
A claim which ranks lower than others in a liquidation. | A claim which ranks lower than others in a liquidation. | ||
Junior claims, therefore, carry a relatively greater degree of | Junior claims, therefore, carry a relatively greater degree of credit risk. | ||
2. ''Organisations.'' | |||
Being lower ranking, or less experienced. | |||
For example, junior staff are lower ranking individuals in a management structure. | |||
== See also == | == See also == | ||
* [[Credit risk]] | |||
* [[Employee]] | |||
* [[Junior debt]] | |||
* [[Liquidation]] | |||
* [[Ranking]] | |||
* [[Senior]] | * [[Senior]] | ||
* [[Subordination]] | |||
* [[Tranche]] | * [[Tranche]] | ||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Treasury_operations_infrastructure]] | [[Category:Treasury_operations_infrastructure]] | ||
Latest revision as of 11:34, 1 November 2023
1. Credit risk.
A claim which ranks lower than others in a liquidation.
Junior claims, therefore, carry a relatively greater degree of credit risk.
2. Organisations.
Being lower ranking, or less experienced.
For example, junior staff are lower ranking individuals in a management structure.
