Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does senior debt mean?

SEARCHING
Suggestion/Report Error
senior debt
Noun


A financial obligation (debt) that is not subordinated to other debt of the borrower, it ranking ahead of other secured debt, unsecured debt and subordinated debt with regard to claim on the borrower’s earnings and assets.

top
© 2015-2024 Pecunica LLC.  All rights reserved.
;