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senior note
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A bond that takes priority over other debt securities sold by the issuer. In the event the issuer goes bankrupt, senior debt must be repaid before other creditors receive any payment.
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    Nearby phrases:  send up,  sent to Coventry,  separate the wheat from the chaff,  serial killer


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"senior note." Phrases.net. STANDS4 LLC, 2012. 12 February. 2012. http://www.phrases.net/phrase/6665

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