supersenior

noun, adj — 3 senses

supersenior

noun

US /ˈsupɚˌsinjɚ/

Etymology From super- + senior.

Business, Finance Having high-quality financial paper with very low risk exposure.

Education Philippines, US A university or secondary school student who is in their fifth year of secondary education or postsecondary education without having graduated.

Related terms: redshirt

supersenior

adj

Etymology From super- + senior.

Business, Finance 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:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.