Meaning SENIORITY: The order of repayment. In the event of bankruptcy, senior debt must be repaid before subordinated debt is repaid
More terms such as Seniority in Dictionary S.
- Definition Stock Purchase Plan:
- Examples A plan allowing employees of a company to purchase shares of the company, often at a discount or with matching employer funds seniority definition.
- Definition Small-Firm Effect:
- Examples The tendency of small firms (in terms of total market capitalization) to outperform the stock market (consisting of both large and small firms seniority explain.
- Definition Shelf Registration:
- Examples allows firms to file one registration statement covering several issues of the same security. SEC Rule 415, adopted in the 1980s, allows a corporation to comply with registration requirements up to seniority what is.
- Definition Second-Preferred Stock:
- Examples Preferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock seniority meaning.
- Definition Stock Exchange Automated Quotation System (SEAQ):
- Examples London's Nasdaq system seniority abbreviation.