A bond which has a higher claim than other bonds from the same issuer.
Related information about prior lien bond:
- What is prior lien bond? definition and meaning - InvestorWords.com
Definition of prior lien bond: A bond which has a higher claim than other bonds from the same issuer.
- Prior-Lien Bond - Financial Dictionary - The Free Dictionary
A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured.
- What is prior lien bond? - BusinessDictionary.com
Definition of prior lien bond: Bond that ranks higher (has precedence) in claim over the issuer's assets than other bonds of the same issuer.
- What is PRIOR LIEN BOND? - The Law Dictionary
Definition of PRIOR LIEN BOND: A bond given to a failing company to restructure . Investors are given first pick at the assets.
- Prior-Lien Bond: Definition from Answers.com
bond that has precedence over another bond of the same issuing company even though both classes of bonds are equally secured.
- Prior Lien: Definition from Answers.com
Mentioned in. Prior Lien · Junior Mortgage (in banking). Prior-Lien Bond (finance term). Priority (business term). Junior Issue (finance term). Priority Preference ...
- Prior Lien: Definition from Answers.com
Junior Mortgage (in banking). Prior-Lien Bond (finance term). Prior Lien (in banking). Priority (business term). Junior Issue (finance term). Priority Preference ...
- Corporate Bond
corporate bond · debenture · equipment trust certificate · first mortgage bond · income bond · mortgage bond · open-ended mortgage bond · prior lien bond ...