Junior: Difference between revisions

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imported>Doug Williamson
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1.  ''Credit risk.''
A claim which ranks lower than others in a liquidation.
A claim which ranks lower than others in a liquidation.


Junior claims, therefore, carry a relatively greater degree of [[credit risk]].
Junior claims, therefore, carry a relatively greater degree of credit risk.
 
 
2.  ''Organisations.''
 
Being lower ranking, or less experienced.
 
For example, junior staff are lower ranking individuals in a management structure.




== See also ==
== See also ==
* [[Credit risk]]
* [[Employee]]
* [[Junior debt]]
* [[Junior debt]]
* [[Liquidation]]
* [[Liquidation]]
* [[Ranking]]
* [[Senior]]
* [[Senior]]
* [[Subordination]]
* [[Subordination]]
* [[Tranche]]
* [[Tranche]]


[[Category:Corporate_finance]]
[[Category:Long_term_funding]]
[[Category:Long_term_funding]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Treasury_operations_infrastructure]]
[[Category:Treasury_operations_infrastructure]]

Latest revision as of 11:34, 1 November 2023

1. Credit risk.

A claim which ranks lower than others in a liquidation.

Junior claims, therefore, carry a relatively greater degree of credit risk.


2. Organisations.

Being lower ranking, or less experienced.

For example, junior staff are lower ranking individuals in a management structure.


See also