The 2-Minute Rule for rank

The 2-Minute Rule for rank

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{For illustration, funds notes are subordinated securities; they'd rank powering senior personal debt in a very wind up. Put simply, the holders of senior debt might be paid out out prior to subordinated personal debt holders gained any money.

By minimizing detailed actions to the sequence of ordinal numbers, rankings help it become feasible To guage elaborate details In keeping with particular standards.

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