Joint control and Junior debt: Difference between pages

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''Financial reporting.''
Debt which ranks after other debt in right of payment in a liquidation.
 
The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.
 




== See also ==
== See also ==
* [[IFRS 11]]
* [[Debt]]
* [[Joint arrangement]]
* [[Liquidation]]
* [[Joint operation]]
* [[Senior debt]]
* [[Joint venture]]

Revision as of 10:44, 22 June 2016

Debt which ranks after other debt in right of payment in a liquidation.


See also