Not known Facts About rank

Not known Facts About rank

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{As an illustration, money notes are subordinated securities; they would rank at the rear of senior credit card debt within a wind up. To paraphrase, the holders of senior credit card debt will be paid out right before subordinated credit card debt holders obtained any resources.

Insert to term record Increase to word list C1 [ C or U ] a position in an organization, such as the army, displaying the significance of the person possessing it:

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