Junior issue

Definition:

A debt or equity issue from one corporation over which the issue of another firm takes precedence with respect to dividends, interest, principal, or security in the event of liquidation.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Comissão do Mercado de Valores Mobiliários (CMVM)

Portugal's supervisory authority for the Portugese financial markets. Portugal's financial regulator.

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