Senior: Difference between revisions
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imported>Doug Williamson m (Added commas) |
(Update 2nd definition.) |
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1. ''Credit risk.'' | |||
A claim which enjoys a ranking ahead of others in a liquidation. | A claim which enjoys a ranking ahead of others in a liquidation. | ||
Senior claims, therefore, carry a relatively lower degree of | Senior claims, therefore, carry a relatively lower degree of credit risk. | ||
2. ''Organisations.'' | |||
Higher ranking, or more experienced. | |||
For example, senior management are higher ranking individuals in a management structure. | |||
== See also == | == See also == | ||
* [[Credit risk]] | |||
* [[High-yield]] | |||
* [[Junior]] | |||
* [[Mezzanine]] | |||
* [[Ranking]] | |||
* [[Senior debt]] | * [[Senior debt]] | ||
* [[ | * [[Senior independent director]] | ||
* [[Senior Managers and Certification Regime]] | |||
* [[Seniority]] | |||
* [[Subordination]] | |||
* [[Super senior]] | |||
* [[Tranche]] | |||
* [[Waterfall]] | |||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category: | [[Category:Long_term_funding]] | ||
[[Category: | [[Category:Manage_risks]] | ||
[[Category: | [[Category:Treasury_operations_infrastructure]] | ||
Latest revision as of 11:34, 1 November 2023
1. Credit risk.
A claim which enjoys a ranking ahead of others in a liquidation.
Senior claims, therefore, carry a relatively lower degree of credit risk.
2. Organisations.
Higher ranking, or more experienced.
For example, senior management are higher ranking individuals in a management structure.
