It is a rule that says the order of payment when a company liquidates its asset—creditors first before the shareholders. This rule is commonly used in bankruptcy to decide how much each participant will receive. As a rule, creditors will be the first priority then what’s left will be divided by the part-owners or the shareholders.
When it comes to the assets of a deceased person, the absolute priority rule states that creditors will be paid first before the distribution to the rightful beneficiaries.
It is another term for liquidation preference.
Can Traders Depend on the Swiss Franc?
Top Three Dividend Stocks Under $5
Questions Forgotten When Buying a House
Portfolio Handling for the 20-Something Crowd
Contingencies in Real Estate Contracts
SEE FOREX TUTORIAL
An Introduction to Forex
Ethical Investing: Leaving an Ethical Imprint
Digesting Financial Statements: Cash Flow
Choosing Your Bank
Ethical Investing: Activism and Advocacy of Shareholders
|02:00||MI Inflation Gauge||Nov|
|02:30||Company Operating Profits||3 quarter|
|02:30||ANZ Jobs Advertisements||Nov|
|03:45||Markit Final Manufacturing PMI||Nov|