Senior Lien Bonds

Bonds having a priority claim on one or more Security Interests relative to the claim against such Security Interests by the holders of other Bonds

See Also

Parity Debt

Two or more issues of bonds with the same priority of claim or lien on the same underlying security and sources of repayment (i.e., revenues) for all of the bonds.

Hudson Yards Rail Yards

Start with the Bond Basics

Hundreds of Terms and Concepts

Alternative Minimum Tax (“AMT”)

An additional income tax under the code that applies in certain instances for individuals and in a different way to certain large corporations.