Senior

From ACT Wiki

Revision as of 09:18, 13 November 2013 by imported>Doug Williamson (Extra space added before see also - 13/11/13)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to navigation Jump to search

A claim which enjoys a ranking ahead of others in a liquidation.

Senior claims, therefore, carry a relatively lower degree of credit risk.

See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Senior&oldid=43602’

Navigation menu