Secured creditor and Senior: Difference between pages
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A | 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 == | == See also == | ||
* [[ | * [[Junior]] | ||
* [[Senior debt]] | |||
* [[Tranche]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Manage_risks]] | |||
[[Category:Treasury_operations_infrastructure]] | |||
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.
