senior

▪ I. senior senior ¹ adjective

1. having a high position in an organization, company etc:

• a panel of senior corporate executives

• He has held several senior management positions.

• Previously, he had been a senior partner (= the more important person in a business partnership ) in a law firm.

senior to

• Staff senior to the area supervisor play an active part in shaping the standards to be set.

2. [only before a noun] FINANCE senior lenders, shareholder S etc have to be paid before other lenders etc if the borrower gets into financial difficulty:

• Only after senior creditors were paid in full would ordinary shareholders get some cash.

• The group has agreed a plan with its senior lenders to restructure its credit facilities.

3. [only before a noun] FINANCE a company's senior shares, bonds etc are considered to be more valuable because investors owning them will be paid before those owning ordinary shares, bonds etc. Those with senior shares etc will also be paid a larger percentage of what they are owed if the company gets into financial difficulty:

• Half of the purchase price was paid in cash and the balance in senior stock.

  [m0] ▪ II. senior senior ² noun [countable]

JOBS someone who has a higher rank than others in an organization or profession:

• He found it difficult to interest his seniors in the venture.

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Senior UK US /ˈsiːniə^r/ US  /ˈsiːnjər/ adjective (UK ABBREVIATION Snr, US ABBREVIATION Sr.)

► used after a man's name to refer to the older of two people in the same family who have the same name: »

John Brown Sr.