Advertising

Absolute priority

• Rule in bankruptcy proceedings whereby senior creditors are required to be paid in full before junior creditors receive any payment.

 
 Embedded terms in definition
 Bankruptcy
Senior

<< Abs Acats >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

The most important thing about motivation is goal setting. You should always have a goal. Francie Larrieu Smith

Advertising



Copyright 2009-2017 GVC. All rights reserved.