New Step by Step Map For rank
New Step by Step Map For rank
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{For illustration, funds notes are subordinated securities; they'd rank powering senior debt in a very end up. To put it differently, the holders of senior debt could well be paid out out just before subordinated debt holders been given any cash.
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Britannica Dictionary definition of RANK 1 [a lot more rank; most rank] : possessing a powerful, unpleasant odor the rank