senior debt - Investment & Finance Definition
Debt that is first in line to be paid if the borrower defaults and goes into bankruptcy.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"senior debt." YourDictionary, n.d. Web. 11 August 2018. <http://www.yourdictionary.com/senior-debt>.
APA Style
senior debt. (n.d.). Retrieved August 11th, 2018, from http://www.yourdictionary.com/senior-debt
