supersenior en · ADJ
Pronunciation
- /ˈsupɚˌsinjɚ/ (General-American)
- (US) audio
Etymology
From super- + senior.
Meanings
-
(not-comparable) Of a status higher than that of a senior lender.
UBS reported that it had $16.8 billion invested directly in residential mortgage-backed securities and $20.2 billion worth of supersenior securities, which are paid back ahead of other similarly rated securities in the case of a default.
2007 October 31, Nick Cumming-Bruce, “Mortgage Woes Push UBS to Its First Loss in 5 Years”, in New York Times:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| super-senior | alternative | lexicographic |