Definition of senior debt

Reference

	Dictionary
	Encyclopedia
	Thesaurus
	World Factbook
	Spanish Dictionary
	Anatomy
	Conversion Calculator

< senior citizen

senior high school >

senior debt

NOUN:

A class of corporate debt that has priority with respect to interest and principal over other classes of debt and over all classes of equity by the same issuer.

Visit our partner's site

Provided by Houghton Mifflin
		eReference -- Download this interactive reference software to your desktop computer