Senior: Difference between revisions

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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 [[credit risk]].
Senior claims, therefore, carry a relatively lower degree of credit risk.
 
 
2.  ''Organisations.''
 
Higher ranking, or older.
 
For example, senior management are higher ranking individuals in a management structure.




== See also ==
== See also ==
* [[Credit risk]]
* [[High-yield]]
* [[High-yield]]
* [[Junior]]
* [[Junior]]
* [[Mezzanine]]
* [[Mezzanine]]
* [[Ranking]]
* [[Senior debt]]
* [[Senior debt]]
* [[Senior Managers and Certification Regime]]
* [[Senior Managers and Certification Regime]]

Revision as of 11:25, 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 older.

For example, senior management are higher ranking individuals in a management structure.


See also