Senior: Difference between revisions
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imported>Doug Williamson (Create the page from Senior debt page.) |
imported>Doug Williamson m (Added commas) |
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A claim which enjoys a ranking ahead of others in a liquidation. | A claim which enjoys a ranking ahead of others in a liquidation. | ||
Senior claims therefore carry a relatively lower degree of [[credit risk]]. | Senior claims, therefore, carry a relatively lower degree of [[credit risk]]. | ||
== See also == | == See also == | ||
Revision as of 22:19, 11 November 2013
A claim which enjoys a ranking ahead of others in a liquidation.
Senior claims, therefore, carry a relatively lower degree of credit risk.
