Senior security
Definition:
A security that, in the event of bankruptcy, will be redeemed before any other securities. ...
Senior security
A security with claims on income and assets that rank higher than certain other securities. Debt, including notes, bonds and debentures, is senior to stock.
Senior Security
A security (usually debt) that, in the event the issuer goes bankrupt, must be repaid before other creditors receive any payment.
Serial Bond ...
Senior security
A security that, in the event of bankruptcy, will be redeemed before any other securities.
Seniority
The order of repayment. In the event of bankruptcy, senior debt must be repaid before subordinated debt is repaid.
senior security A security that has priority over other securities, with respect to claims or bankruptcy liquidation. sensitivity The degree of exposure of a security to market risk.
A security with a lower claim to assets or income than a senior security. Important in determining who gets what in a bankruptcy, liquidation or sale of assets. Junk bond ...
Security with lower priority claim on assets and income than a Senior Security. For example, a Preferred Stock is junior to a Debenture, but a debenture, being an unsecured bond, is junior to a Mortgage Bond.
Junior Securities
Security that has a subordinate claim on assets to that of a "senior security". For instance, a preferred stock is junior to a debenture, but a debenture, being an unsecured bond, is junior to all corporate securities.
A security with a claim on a corporation's assets and income that is subordinate to that of a senior security.
Junior security A security with a lower claim to assets or income than a senior security. Important in determining who gets what in a bankruptcy, liquidation or sale of assets.
They also can vote in matters of senior security or stock splits. Also their voting right can be used to achieve or stop substantial changes in a company, or in operations in the areas in which the company is active.
Junior security
A security that has a lower-priority claim on a company's assets and income than a senior security. For example common stock is junior to preferred stock.
 See also: Security, Securities, Debt, Issue, Stock
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