Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• SENIOR DEBT/NOTE - loans or debt securities that have a claim prior to junior obligations and equity on...
  
  
• SENIOR LOAN - A real estate loan in the first priority position. (See junior mortgage)
  
  
• SENIOR MORTGAGE - a first mortgage.
  
  
• SENIOR MORTGAGE BOND - A bond that, in the event of bankruptcy, will be redeemed before any other bonds...
  
  
• SENIOR REFUNDING - Replacement by the issuer of securities with 5-to 12-year maturities with securities...
  
  
• SENIOR REGISTERED OPTIONS PRINCIPAL - Is the designated supervisor within a firm who is responsible for...
  
  
• SENIOR RESIDENTIAL APPRAISER (SRA) - A designation earned by qualifying residential real estate apprais...
  
  
• SENIOR SECURITIES - preferred securities and bonds that receive higher priority for payment than common...
  
  
• SENIOR SECURITY - A security that, in the event of bankruptcy, will be redeemed before any other securi...
  
  
• SENIORITY - The order of repayment. In the event of bankruptcy, senior debt must be repaid before subor...