FinancialInstrumentReportingCancellationReportV01auth.102.001.01

Definition: Seniority for a specific debt instrument.

Type: DebtInstrumentSeniorityType1Code (String)

Allowed Values:

• SBOD (Subordinated Debt): Debt owed to an unsecured creditor that can only be paid, in the event of a liquidation, after the claims of secured creditors have been met.
• SNDB (Senior Debt): Debt that takes priority over other unsecured or otherwise more junior debt owed by the issuer.
• MZZD (Mezzanine Debt): Subordinated debt or preferred equity instrument that represents a claim on a company's assets which is senior only to that of the common shares.
• JUND (Junior Debt): Debt that is either unsecured or has a lower priority than of another debt claim on the same asset or property.