Senior: Difference between revisions
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2. ''Organisations.'' | 2. ''Organisations.'' | ||
Higher ranking, or | Higher ranking, or more experienced. | ||
For example, senior management are higher ranking individuals in a management structure. | For example, senior management are higher ranking individuals in a management structure. | ||
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.
