senior debt

基本解释

The instrument is a form of senior debt that is paid back from the issuer’s cash flows but is also secured against a ring-fenced pool of assets, such as mortgage loans, in the event of default.
这种证券是优先债务形式的一种，发行者需要用自己的现金流来偿还，并且要有一定隔离的资产池作为保障，比如说抵押贷款,以免发生不能履行责任的情况。
But economists such as Joshua Rauh of Northwestern University in Illinois argue that a pension promise is a senior debt.
但是像伊利诺伊西北大学的经济学家JOSHUA认为养老金的福利支出是优先债务。
The capital invested by shareholders who are then entitled to the remaining profits and assets after creditors and holders of the company's senior debt have been repaid.
指股东投资的资本，在其他债权人和优先股票持有者获得偿付后，普通股股东才可取得剩余的公司利润和资产。
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Jeff Chelsky, a World Bank senior economist,says investors are avoiding higher risk debt in a flight to quality.

While equity is not always secure, coverage of senior debt is a pre-requisite for investment grade equity issues.
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The same institution downgraded the senior debt and deposit ratings of 30 banks by one or more notches.
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Alibaba said it financed the deal with a mixture of cash, senior debt and the issuance of convertible preference and ordinary shares.
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