senior security

senior security
A security that, in the event of bankruptcy, will be redeemed before any other securities. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • senior security — noun Etymology: senior (II) : a security having priority over another mortgage bonds and preferred stocks are senior securities compared to debentures and common stocks respectively …   Useful english dictionary

  • Senior Security — A security (usually debt) that, in the event the issuer goes bankrupt, must be repaid before other creditors receive any payment. In the event of liquidation, senior debtholders have seniority and are repaid before the junior debt. This is also… …   Investment dictionary

  • security — Protection; assurance; indemnification. The term is usually applied to an obligation, pledge, mortgage, deposit, lien, etc., given by a debtor in order to assure the payment or performance of his debt, by furnishing the creditor with a resource… …   Black's law dictionary

  • security — /si kyoor i tee/, n., pl. securities, adj. n. 1. freedom from danger, risk, etc.; safety. 2. freedom from care, anxiety, or doubt; well founded confidence. 3. something that secures or makes safe; protection; defense. 4. freedom from financial… …   Universalium

  • Security guard — Private factory guard Occupation Activity sectors Security Description A security guard (or security officer) is a person who is paid to protect pro …   Wikipedia

  • senior lien — see lien Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. senior lien …   Law dictionary

  • senior debt — A phrase used to describe secured medium or long term bank debt provided to a company, often as part of a finance package also including mezzanine finance and development capital. Its seniority means it ranks ahead of other finance in terms of… …   Law dictionary

  • senior citizen — senior citizenship. an elderly or aged person, esp. one who is retired or whose principal source of support is a pension or Social Security benefits. [1935 40] * * *       elderly, or aged, person, especially one of more than 60 or 65 years of… …   Universalium

  • Senior Australian Defence Organisation Positions — This page provides a list of Senior Australian Defence Organisation Positions, and includes access to information about past occupants of these positions. For information about current occupants of these positions, see Current senior Australian… …   Wikipedia

  • Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”