Senior: Difference between revisions
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1. ''Credit risk.'' | |||
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 | Senior claims, therefore, carry a relatively lower degree of credit risk. | ||
2. ''Organisations.'' | |||
Higher ranking, or older. | |||
For example, senior management are higher ranking individuals in a management structure. | |||
== See also == | == See also == | ||
* [[Credit risk]] | |||
* [[High-yield]] | * [[High-yield]] | ||
* [[Junior]] | * [[Junior]] | ||
* [[Mezzanine]] | * [[Mezzanine]] | ||
* [[Ranking]] | |||
* [[Senior debt]] | * [[Senior debt]] | ||
* [[Senior Managers and Certification Regime]] | * [[Senior Managers and Certification Regime]] | ||
Revision as of 11:25, 1 November 2023
1. Credit risk.
A claim which enjoys a ranking ahead of others in a liquidation.
Senior claims, therefore, carry a relatively lower degree of credit risk.
2. Organisations.
Higher ranking, or older.
For example, senior management are higher ranking individuals in a management structure.
