senior notes Meaning in the Cambridge English Dictionary
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Meaning of “senior notes” in the English Dictionary

"senior notes" in Business English

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senior notesnoun [plural]

uk   us   FINANCE
a ​type of ​loan that a ​company that goes ​bankrupt will ​pay back before others that are ​owedmoney have been ​paid
(Definition of senior notes from the Cambridge Business English Dictionary © Cambridge University Press)
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