Senior note

Noun

Definitions

1.NounA bond that takes priority for receipt of principal and interest over other debt securities sold by the issuer in the event the issuer goes bankrupt.

Synonyms

senior bond post note superbond noteholder preferred creditor note junk bond banknote privileged debt bank of issue debenture bearer bond

🔗 Find words with "senior note" in A2Z Word Finder

The Daily Word NerdA new word, a puzzle, and a fun fact — free in your inbox every morning.

Free forever · unsubscribe anytime · all 14 newsletters

That email did not go through — please check it and try again.