Debt that is first in line to be paid if the borrower defaults and goes into bankruptcy.
senior debt - Investment & Finance Definition
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.
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"senior debt." YourDictionary, n.d. Web. 15 October 2018. <http://www.yourdictionary.com/senior-debt>.
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senior debt. (n.d.). Retrieved October 15th, 2018, from http://www.yourdictionary.com/senior-debt
