The 2-Minute Rule for rank

The 2-Minute Rule for rank

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{As an illustration, money notes are subordinated securities; they would rank at the rear of senior credit card debt within a wind up. In other words, the holders of senior personal debt can be paid out before subordinated credit card debt holders acquired any funds.

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: to join with each other to help or defend another person or a thing that is in trouble The police officers closed ranks