Supersenior
Definition, Meaning & Examples
Pronunciation /ˈsupɚˌsinjɚ/ · Part of speech noun
Quick meaning: Supersenior is a noun meaning (finance) Having high-quality financial paper with very low risk exposure.
Meaning
(finance) Having high-quality financial paper with very low risk exposure.
More Meanings
- (education, US, Philippines) A university student who is in their fifth year of postsecondary education without having graduated.
- (finance) Of a status higher than that of a senior lender.
Example Sentences
UBS reported that it had $16.8 billion invested directly in residential mortgage-backed securities and $20.2 billion worth of supersenior securities, which are paid back ahead of other similarly rated securities in the case of a default.
Word Forms
- superseniors
- super-senior
Related Words
Related dictionary entries include supersafety, superpro, megafinance, superbank, superior, supersalary.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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