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Glossary   >   S   >   "Senior Security" Definition            Senior Security A security (usually debt) that, in the event the issuer goes bankrupt, must be repaid before other creditors receive any payment. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Senior Security - A security (usually debt) that, in the event the issuer goes bankrupt, must be repaid before other creditors receive any payment.