Seniority: Difference between revisions
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2. ''Organisations.'' | 2. ''Organisations.'' | ||
Being higher ranking, or | Being higher ranking, or more experienced. | ||
For example, senior management are higher ranking individuals in a management structure. | For example, senior management are higher ranking individuals in a management structure. |
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.