Term

Seniority

Seniority

The position of a debt claim in the capital structure (senior secured, senior unsecured, subordinated), determining order of repayment in default.

Steward: Sarah Chen

Module: SEC

History

Term history (prior names, aliases, deprecation status, when the definition changed) lands when the glossary_terms model carries that data. Today only created_at and updated_at exist; the other fields land alongside any future term-versioning work.