An Unbiased View of rank

An Unbiased View of rank

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{For illustration, cash notes are subordinated securities; they might rank guiding senior credit card debt in the wind up. To paraphrase, the holders of senior financial debt can be paid out right before subordinated credit card debt holders obtained any resources.

Incorporate to phrase listing Incorporate to word checklist C1 [ C or U ] a placement in a company, such as the army, demonstrating the necessity of the individual obtaining it:

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