Junior Stock

Junior Stock

A stock that has a lower priority compared to another in the event of liquidation. That is, if a company goes bankrupt and is liquidated, holders of junior stock are only paid after all holders of senior stock are fully satisfied. For example, preferred shareholders must be paid before common shareholders; thus, common shares are junior stock with respect to preferred shares. See also: Absolute Priority Rule.
References in periodicals archive ?
Athletes will participate in eight categories, including Free Style, Ski Junior Stock, and Expert Runabout Stock.
At the meeting, the government unveiled measures to promote the tech-loaded junior stock market.
Al-Mansoori also said the QSE is encouraging family-owned businesses and small and medium-sized enterprises (SMEs) to list in the junior stock market to help diversify Qatar's economy away from hydrocarbons.
The Ruthin YFC member, from Penbrynllan, Llanrhaeadr, was named champion junior stock judge in Welshpool.
Racer Rashed Al-Dawas was ranked first in the junior stock game, while his compatriot Abdulaziz Al-Najdi came second in the same category.
To the end of November in 2012, there had been 65 admissions to AIM, London's junior stock exchange.
JUNIOR STOCK: DRAG RACING THE FAMILY SEDAN covers stock-class drag racing from 1964-1971 and covers the early days of drag racing and the Junior Stock classes in particular.
A recent report by Rights and Accountability in Development highlighted what it called a "lack of transparency" and a "black hole" at the heart of the regulatory system governing London's junior stock market, AIM.
His brother Matthew, 20, against impressed on his debut season in the Junior Stock 600 series.
early equity, which is managed by Birmingham based entrepreneurs Rob Painting, Sir Bernard Zissman and neil Mackay, has become the first business to take a dual admission to junior stock exchange PLUS and the region's online share project.
The impact of stock index future trading, on the volatility of the underlying Nifty and Nifty Junior stock index market, is investigated by estimating a model for a period which covers the time before and after the introduction of stock index futures contracts.
That is a significant achievement and a real selling point for AIM - no other junior stock market anywhere in the world offers such strong secondary fundraising ability.