Last Updated
：2025/11/21
senior note
（ plural ）
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(finance) A 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.
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senior note
The company issued a senior note to raise funds, assuring investors that the instrument would take priority over other debts if it declared bankruptcy.
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The company issued a senior note to raise funds, assuring investors that the instrument would take priority over other debts if it declared bankruptcy.
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