See Also: hatchling(dictionary)
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Seniority (finance) and hatchling (iou)


Seniority (finance)


The order of repayment. In the event of bankruptcy, senior Debt must be repaid before subordinated Debt is repaid.





hatchling (iou)



hatchling noun. L19.
[from HATCH noun2 + -LING1.]
A fish, bird, etc., just hatched (esp. artificially) and not yet able to take care of itself.