Senior: Difference between revisions
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* [[Ranking]] | * [[Ranking]] | ||
* [[Senior debt]] | * [[Senior debt]] | ||
* [[Senior independent director]] | |||
* [[Senior Managers and Certification Regime]] | * [[Senior Managers and Certification Regime]] | ||
* [[Seniority]] | * [[Seniority]] | ||
* [[Subordination]] | |||
* [[Super senior]] | * [[Super senior]] | ||
* [[Tranche]] | * [[Tranche]] | ||
* [[Waterfall]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] |
Revision as of 11:30, 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.