Accueil > Term: Rule of Absolute Priority
Rule of Absolute Priority
A condition of bankruptcy proceedings under which junior (subordinated) claim holders can receive no payment until senior (priority) claim holders are paid in full.
- Partie du discours : noun
- Secteur d’activité/Domaine : Services financiers
- Catégorie : Finance général
- Company: Bloomberg
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Créateur
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
