Junior IssueGenerally speaking, any issue that ranks lower in claim to another issue in terms of dividends, interest, principal, etc.
Investopedia Says:A junior issue is the opposite of a senior issue.
Related Terms:Absolute PriorityBankruptcyDividendIssueJunior SecurityLiquidationSenior IssueSenior SecuritySubordinated DebtUnsubordinated Debt
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