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Senior debt

The financial definition for Senior debt:

Debt whose terms in the event of bankruptcy, require it to be repaid before subordinated debt receives any payment.




Similar Matches

Senior mortgage bond

Senior mortgage bond
A bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid.


Senior refunding

Senior refunding
../../finance-glossary/ment by the issuer of securities with 5-to 12-year maturities with securities of 15-year or longer maturities, in order to delay, reduce, or consolidate payment.


Senior security

Senior security
A security that, in the event of bankruptcy, will be redeemed before any other securities.


Further Suggestions

Seniority


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