Pitch Dictionary by pitch.dog
Financing sources & instruments · Working

Senior debt

ELI5

Debt entitled to priority repayment ahead of subordinated finance under the agreed waterfall.

Used in conversation

“The budget needs to show senior debt clearly before approval.”

Pitch context

You may encounter “Senior debt” in rights, contracts, finance, distribution & labour conversations or materials.

Why it matters: Explains who controls, pays for, approves, exploits or bears risk around a project.

Caution

Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.

Sources & evidence · 8

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.