Senior security

A security that has priority over other securities in the event of a Claim or bankruptcy liquidation.

Related Terms: 6 Bankrupt, Claim, ECU, Liquid, Quid, SEC

Other Related Pages: Category: Lending_and_Credit Starting With: S

Additional Related Terms: 10-Q, 10-K, Agent bank, Accrual of discount, Agency security, Amortization of premium, Asset-backed security, At par, All or any part, At best