Financial Dictionary

This dictionary contains:
24549
financial terms

Senior security




Senior security

A security that, in the event of bankruptcy, will be redeemed before any other securities.

RELATED TERMS
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Security
Piece of paper that proves ownership of stocks, bonds, and other investments.

Bankruptcy
The state of a person or firm unable to repay debts.

Will
The written expression of a person's wishes as to how his property should be distributed by his executors.

Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).



SIMILAR TERMS
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Senior debt
Debt whose terms in the event of bankruptcy, require it to be repaid before subordinated debt receives any payment.

Senior mortgage bond
A bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid.

Senior refunding
Replacement by the issuer of securities with 5-to 12-year maturities with securities of 15-year or longer maturities, in order to delay, reduce, or consolidate payment.

Seniority
The order of repayment. In the event of bankruptcy, senior debt must be repaid before subordinated debt is repaid.

Seniti
The Seniti is the fractional currency unit in Tonga.



PREVIOUS AND NEXT TERMS
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Semistrong form efficiency
A form of pricing efficiency that profits the price of a security fully reflects all public information (including, but not limited to, historical price and trading patterns).

Semivariable cost
A cost composed of a mixture of fixed and variable components.

Senior debt
Debt whose terms in the event of bankruptcy, require it to be repaid before subordinated debt receives any payment.

Senior mortgage bond
A bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid.

Senior refunding
Replacement by the issuer of securities with 5-to 12-year maturities with securities of 15-year or longer maturities, in order to delay, reduce, or consolidate payment.

Senior security

Seniority
The order of repayment. In the event of bankruptcy, senior debt must be repaid before subordinated debt is repaid.

Sensitive market
A market that reacts to a great extent to good or bad news.

Sensitivity analysis
Analysis of the effect on a project's profitability of changes in sales, cost, and so on.

Sentiment indicators
The general feeling of investors about the state of the market, such as whether they are bullish or bearish.

Separate customer
Method of allocating insurance by the Securities Investor Protection Corporation. Each account that is under the name of a different person or group of people is entitled to maximum protection.

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This dictionary contains 24549 terms.







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