Senior unsecured creditor: Difference between revisions

Senior unsecured creditor (view source)

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	{{g}}The normal place for a [[creditor]] who has not agreed some form of security-based credit enhancement with the debtor. You rank ahead of equity holders and other [[subordinated creditor]]s, but (to the extent of their security) behind [[secured creditor]]s.		{{a\|banking\|}}The normal place for a [[creditor]] who has not agreed some form of security-based credit enhancement with the debtor. You rank ahead of equity holders and other [[subordinated creditor]]s, but (to the extent of their security) behind [[secured creditor]]s.

	Unless you have made special arrangements otherwise, you are likely to be a [[senior unsecured creditor]] of anyone who owes you money.		Unless you have made special arrangements otherwise, you are likely to be a [[senior unsecured creditor]] of anyone who owes you money.