法律英语词汇“ABSOLUTE PRIORITY RULE”的翻译、意思、用法、释义-法律词典

单词	ABSOLUTE PRIORITY RULE
释义	A legal concept indicating that if a public company DEFAULTS, shareholders are only entitled to recover their investments after creditors have been fully repaid. In most BANKRUPTCY cases shareholders receive little, if any, restitution since they are subordinate to all other claimholders. Absolute priority also extends to the broad category of creditors, where secured creditors receive payment before senior unsecured creditors, who receive payment before junior and subordinated creditors.
随便看	TAXABE TAXABE TAXABLE TAXABLE BENEFITS TAXABLE EQUIVALENT YIELD TAXABLE ESTATE TAXABLE INCOME TAXABLE VALUE TAXABLE YEAR TAX ACCOUNTING TAX ADJUSTMENT TAX ALLOCATION WITHIN A PERIOD TAXATI TAXATIO TAXATIO ECCLESIASTICA TAXATIO EXPENSARUM TAXATION TAXATION TAXATIO NORWICENSIS TAXATION PRINCIPLES TAXATION WITHOUT REPRESENTATION TAX AUDIT TAX AVOIDANCE TAX BASE TAX BASED BOND

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