Absolute Priority Daniel Guidotti 14 years ago Absolute PriorityTerm 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:Absolute Return 1.50% APY on e-Savings Account at First Priority Bank of Malvern Junior Debt (Subordinate Debt) 1.00% APY on Go Green Checking Account at Priority One Credit Union of Florida