- senior lender
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See debt funder
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
senior debt — A phrase used to describe secured medium or long term bank debt provided to a company, often as part of a finance package also including mezzanine finance and development capital. Its seniority means it ranks ahead of other finance in terms of… … Law dictionary
Senior debt — In finance, senior debt, frequently issued the form of a senior note, is debt that takes priority over other debt securities sold by the issuer. Senior debt has greater seniority in the issuer s capital structure than subordinated debt. In the… … Wikipedia
Senior Issue — An issue of bonds, preferred stock or other securities that represents the first priority lien on the issuer s assets or earnings. Senior issues have a higher priority claim on a firm s dividends, interest payments, or in case of a bankruptcy,… … Investment dictionary
Film finance — is a very secretive and little understood aspect of film production. It is a subset of project finance, meaning the film project s generated cash flows are used to repay investors, and generally not from external sources.The main challenge of… … Wikipedia
debt — that which is owed. If you borrow money, buy something on credit or receive more money on an account than is owed, you have a debt. Glossary of Business Terms Funds owed by a debtor to a creditor. Outstanding debt obligations are assets for… … Financial and business terms
Debt — Money borrowed. The New York Times Financial Glossary * * * debt debt [det] noun 1. [countable] money that one person, organization, country etc owes to another: • The country will not receive further funds after it failed to repay debts of $16… … Financial and business terms
Participation loan — Participation loans are loans made by multiple lenders to a single borrower. Several banks, for example, might chip in to fund one extremely large loan, with one of the banks taking the role of the “lead bank.” This lending institution then… … Wikipedia
debt funder — a provider of debt finance to a project. In this context, the term covers a provider of third party debt finance, including bank debt and bond finance, but excludes subordinated debt provided by a sponsor as a substitute for equity. Also known as … Law dictionary
supersenior — adjective Of a status higher than that of a senior lender … Wiktionary
Creditor — Lender of money. The New York Times Financial Glossary * * * creditor cred‧i‧tor [ˈkredtə ǁ ər] noun 1. [countable] ACCOUNTING COMMERCE a person or business to whom another person or business owes money: • The company said its largest creditor… … Financial and business terms