Junior issue

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Junior issue

A debt or equity issue from one corporation over which the issue of another firm takes precedence with respect to dividends, interest, principal, or security in the event of liquidation.

Junior Issue

A security 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 secured debt must be paid before the holders of unsecured debt. Holders of unsecured debt must be paid before preferred shareholders, and finally, preferred shareholders must be satisfied before common shareholders. In the forgoing, each security is a junior issue compared to the previous one. See also: Absolute Priority Rule.

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Junior security

References in periodicals archive ?

Junior - Arsenal v Plymouth Argyle, 7.00pm THE WARREN, PORTSTEWART MONDAY: Minor - Linfield v Portadown, 12noon.

WHERE TO FIN ND THE ACTION; Your daily guide to all the week's early fixtures and venues

Abdul Malik grabbed a bronze medal at Asian Junior Championship in 2017.

Pak squash players bagged 68 medals from 2017 to 2019

Second choice junior players will also get the chance to represent Pakistan in the Borneo Junior Open and Penang Junior Open with the events set to start from July 2 and July 9 respectively.

Juniors players to feature in Asian squash ahead of World Championship

'With a growing junior development programme it only makes sense to work to provide more competition for our juniors, as performance is one of the federation's target areas for improvement in 2019,' Tennis Cambodia technical director Phalkun Mam told The Post.

Tennis Cambodia to host junior, open series

The US Junior Squash Championship would be played from Dec 15-18, 2018 at Bostan for which PSF has selected 04 players.

PSF announces teams for US Junior, British Junior Open

Chicago Premium Outlets invites the community to a "Vampirina"-themed Disney Junior Play Date event.

J. Kudlacz

"It is a great time for new junior members to join the club, as we move into the second season of the Leicestershire League for under 12s players, providing all members with regular playing opportunities.

Free taster sessions; HOCKEY

The three juniors, Mutahi Kibugu, Zubair Khan and Agil Is Hag have been drawn in the tournament.Muthaiga Golf Clubs Mutahi Kibugu won the event last year after four rounds with a total of 11 over par 295 to become the Kenya Junior Strokeplay golf champion.

Top juniors headline Kenya Stroke play tourney

Meanwhile, India Juniors fought against Afghanistan Juniors in the fifth match and Indian Junior team remain victorious with 38-14 points.

Pakistan youth defeat Nepal in opening match of Handball Trophy

Similarly, Bangladesh Juniors won third match against Nepal Juniors with 43-21 points whereas India Juniors beat Maldives Juniors in fourth match with 33-21 points and Pakistan Juniors defeated Afghanistan Juniors with 46-15 points in the fifth match.

Handball Trophy: Pakistan, India and Bangladesh defeat rivals

New Delhi [India], March 12 ( ANI ): The All India Tennis Federation (AITA) on Monday announced the squad for Junior Asia/Oceania Junior Davis Cup and Fed Cup final qualifying event.

Tennis Federation names junior India squad for Davis Cup

The events to be held are junior boys and girls singles and junior boys and girls team, cadet boys and girls singles and team events along with boys and girls singles in hopes category.