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junior
(redirected from Junior issue)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

Younger; subsequently born or created; later in rank, tenure, preference, or position.

A junior lien is one that is subordinate in rank to another prior lien. This means that the junior lien will be paid off only after the prior lien has been satisfied.

When used in a proper name, junior or its abbreviation, Jr., is merely descriptive and not part of the individual's legal name. The absence of the term at the end of a name has no legal consequence. A signature that omits the description is still valid.


See also: adolescent, inferior, juvenile, minor, secondary, subaltern, subordinate, subservient

JUNIOR. Younger.
     2. This has been held to be no part of a man's name, but an addition by use, and a convenient distinction between a father and son of the same name. 10 Mass. R. 203 10 Paige, 170; 1 Pick. R. 388; 7 John. It. 549; 2 Caines, 164 1 Pick. 388 15 Pick. 7; 17 Pick. 200 3 Metc. 330.
     3. Any matter that distinguishes persons renders the addition of junior or senior unnecessary. 1 Mod. Ent. 35; Salk. 7. But if father and son have both the same name, the father shall be, prima facie, intended, if junior be not added, or some other matter of distinction. Salk, 7; 6 Rep. 20 11 Rep. 39; Hob. 330. If father and son have the same name and addition, and the former sue the latter, the writ is abateable unless the son have the further addition of junior, or the younger. But if the father be the defendant and the son the plaintiff, there is no need of the further addition of senior, or the elder, to the name of the father. 2 Hawk. 187; Laws of Women, 380.



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Financing junior issues will continue to be difficult, and speculative appetite (i.
Book borrowing is up by 23%, with 2,762 issues in February, compared with 2,229 last year, and junior issues have jumped by 68%, with 1,061 in February.
Financing junior issues will continue to be difficult, and speculative appetite (i.
 
 
 
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