Drawdown and Senior: Difference between pages

Revision as of 10:44, 7 January 2018

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

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

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-.  ''Cash and liquidity management - borrowings.''
+A claim which enjoys a ranking ahead of others in a liquidation.
-To use part or all of a borrowing facility.
+Senior claims, therefore, carry a relatively lower degree of [[credit risk]].
-.''Cash and liquidity management - borrowings.''
-The amount of cash or credit taken, when a borrowing facility is used, in part or in whole.
-Drawdowns may refer to the incremental amounts drawn down, or to the cumulative amount.
 == See also ==
-* [[Bank draft]]
+* [[Junior]]
-* [[Banker's acceptance]]
+* [[Senior debt]]
-* [[Cheque]]
+* [[Tranche]]
-* [[Documentary collection]]
-* [[Payable through draft ]]
-* [[Trade acceptance]]
-* [[Undrawn]]
-[[Category:Cash_management]]
+[[Category:Corporate_finance]]
-[[Category:Financial_products_and_markets]]
+[[Category:Long_term_funding]]
-[[Category:Liquidity_management]]
+[[Category:Compliance_and_audit]]
+[[Category:Manage_risks]]
+[[Category:Treasury_operations_infrastructure]]