Definitions for "absolute priority rule"
The absolute priority rule specifies the peeking order of creditors during bankruptcy...
The idea that creditors' claims take precedence over shareholders' claims in the event of a liquidation or reorganization.
the rule that a confirmable reorganization plan must provide for full payment to a class of dissenting unsecured creditors before a junior class of claimants will be allowed to receive or retain anything under the plan.
Keywords:  adr, ratio, acid, test
acid-test ratio ADR