Seniority: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Update 2nd definition.) |
(Improve linking.) |
||
| Line 20: | Line 20: | ||
* [[Senior]] | * [[Senior]] | ||
* [[Senior debt]] | * [[Senior debt]] | ||
* [[Senior finance agreement]] (SFA) | |||
* [[Senior independent director]] | * [[Senior independent director]] | ||
* [[Senior Managers Regime]] | * [[Senior Managers Regime]] | ||
Latest revision as of 20:59, 5 April 2025
1. Credit risk.
The benefit of ranking ahead of the claims of other creditors in right of payment in a liquidation.
2. Organisations.
Being higher ranking, or more experienced.
For example, senior management are higher ranking individuals in a management structure.