HomeDefinitionsCompareDebt Senior debtThe 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 MatchesSenior mortgage bondSenior mortgage bondA bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid. Senior refundingSenior 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 securitySenior securityA security that, in the event of bankruptcy, will be redeemed before any other securities. Further SuggestionsSeniorityClick to compare definitions of Senior debt Click to view definitions beginning se |