Absolute Priority

Filed Under: a by
Absolute Priority
Term used with bankruptcy processes denoting rule wherein senior creditors are to be paid in full before any payments are made to junior creditors.

Recommended for you:

  1. Absolute Return
  2. 1.50% APY on e-Savings Account at First Priority Bank of Malvern
  3. Junior Debt (Subordinate Debt)
  4. 1.00% APY on Go Green Checking Account at Priority One Credit Union of Florida
Home / Glossary / a / Absolute Priority