Absolute Priority

Absolute Priority
Term used with bankruptcy processes denoting rule wherein senior creditors are to be paid in full before any payments are made to junior creditors.

Related posts:

  1. Absolute Return
  2. 1.50% APY on e-Savings Account at First Priority Bank of Malvern
  3. Junior Debt (Subordinate Debt)
  4. Junior Equity
  5. Pie Model of Capital Structure

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