Seniority: Difference between revisions

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imported>Doug Williamson
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1.  ''Credit risk.''
The benefit of ranking ahead of the claims of other creditors in right of payment in a liquidation.
The benefit of ranking ahead of the claims of other creditors in right of payment in a liquidation.
2.  ''Organisations.''
Being higher ranking, or more experienced.
For example, senior management are higher ranking individuals in a management structure.




== See also ==
== See also ==
* [[Creditors]]
* [[Junior debt]]
* [[Liquidation]]
* [[Pari passu]]
* [[Ranking]]
* [[Senior]]
* [[Senior debt]]
* [[Senior debt]]
* [[Senior independent director]]
* [[Senior Managers Regime]]
* [[Subordination]]
* [[Super senior]]
* [[Tranche]]
* [[Waterfall]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Latest revision as of 11:34, 1 November 2023

1. Credit risk.

The benefit of ranking ahead of the claims of other creditors in right of payment in a liquidation.


2. Organisations.

Being higher ranking, or more experienced.

For example, senior management are higher ranking individuals in a management structure.


See also