creditor ranking

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• japan — japanner, n. /jeuh pan /, n., adj., v., japanned, japanning. n. 1. any of various hard, durable, black varnishes, originally from Japan, for coating wood, metal, or other surfaces. 2. work varnished and figured in the Japanese manner. 3. Japans,… …   Universalium

• Japan — /jeuh pan /, n. 1. a constitutional monarchy on a chain of islands off the E coast of Asia: main islands, Hokkaido, Honshu, Kyushu, and Shikoku. 125,716,637; 141,529 sq. mi. (366,560 sq. km). Cap.: Tokyo. Japanese, Nihon, Nippon. 2. Sea of, the… …   Universalium

• Second lien loan — (or last out participation) is a form of loan with a security interest in the assets of a company that are second in ranking behind a traditional senior credit facility. A lien is a form of security interest granted over an item of property to… …   Wikipedia

• Calendar of 1996 — ▪ 1997 JANUARY JANUARY 1       King Fahd cedes power       Still experiencing the effects of a stroke suffered in November 1995, Saudi Arabia s King Fahd, who also held the post of prime minister, ceded temporary power to Crown Prince Abdullah,… …   Universalium

• Mesopotamia, history of — ▪ historical region, Asia Introduction  history of the region in southwestern Asia where the world s earliest civilization developed. The name comes from a Greek word meaning “between rivers,” referring to the land between the Tigris and… …   Universalium

• subordination — sub·or·di·na·tion /sə ˌbȯrd ən ā shən/ n: an act or instance of subordinating; also: the remedy of subordinating a claim see also equitable subordination Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

• Hypothec — See also hypothecation. Hypothec (Lat. hypotheca , Gr. Polytonic|ὐποθήκη: hypothéke ), in Roman law, the most advanced form of the contract of pledge; in modern civil law (legal system), an instrument akin to the common law mortgage.A specific… …   Wikipedia

• United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

• international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium

• marshalling assets — Also known as marshalling assets and securities, marshalling of liens or marshalling of remedies, it is an equitable doctrine requiring a senior creditor, having two funds to satisfy his debt, to resort first to the one fund which is not subject… …   Black's law dictionary

• marshalling assets — Also known as marshalling assets and securities, marshalling of liens or marshalling of remedies, it is an equitable doctrine requiring a senior creditor, having two funds to satisfy his debt, to resort first to the one fund which is not subject… …   Black's law dictionary