How rank can Save You Time, Stress, and Money.

{For instance, cash notes are subordinated securities; they'd rank behind senior personal debt in the wind up. In other words, the holders of senior credit card debt will be compensated out in advance of subordinated financial debt holders been given any cash.

By reducing thorough measures into a sequence of ordinal quantities, rankings allow it to be doable to evaluate intricate information and facts In accordance with sure criteria.

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