Junior issue

 

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Junior issue

A debt or equity issue from one corporation over which the issue of another firm takes precedence with respect to dividends, interest, principal, or security in the event of liquidation.



Junior issue

Similar Matches

Junior mortgage

Junior mortgage

A mortgage that will be satisfied only after more senior mortgages have been satisfied. E.g., a first mortgage will be satisfied prior to a second or a third mortgage.


Junior refunding

Junior refunding

Issuing of new securities to refinance government debt that matures in one to five years.




 
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