Securitisation and Senior: Difference between pages

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1.  
A claim which enjoys a ranking ahead of others in a liquidation.


The trend for large companies to use less bank lending facilities and instead to issue their own securities direct to the markets.
Senior claims, therefore, carry a relatively lower degree of [[credit risk]].
 
 
2. 
 
The process of converting non-tradable assets into tradable securities.




== See also ==
== See also ==
* [[Factoring]]
* [[Junior]]
* [[Security]]
* [[Senior debt]]
* [[Sukuk]]
* [[Tranche]]
 


==Other links==
[[Category:Corporate_finance]]
[http://www.treasurers.org/node/9209 The return of securitisation, The Treasurer, July-August 2013]
[[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.


See also