{As an illustration, money notes are subordinated securities; they might rank guiding senior financial debt in a end up. Quite simply, the holders of senior debt could well be paid out out prior to subordinated personal debt holders acquired any funds.
: to use your large situation in a Culture, Group, group, and so on., to buy someone to accomplish a thing or to get Unique treatment method or privileges He is their boss, but he does not want to pull rank
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