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Junior issue |
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Junior issueA 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 MatchesJunior mortgageJunior mortgageA 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 refundingJunior refundingIssuing of new securities to refinance government debt that matures in one to five years. |
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