Not known Facts About rank

Not known Facts About rank

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{As an illustration, money notes are subordinated securities; they would rank guiding senior financial debt inside a end up. Quite simply, the holders of senior financial debt could well be paid out out prior to subordinated personal debt holders acquired any funds.

Include to phrase listing Incorporate to phrase listing C1 [ C or U ] a situation in a corporation, including the Military, demonstrating the necessity of the individual owning it:

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