supersenior

English

Etymology

From super- +‎ senior.

Pronunciation

• (General American) IPA^(key): /ˈsupɚˌsinjɚ/

• Audio (US):

  (file)

Noun

supersenior (plural superseniors)

1. (finance) Having high-quality financial paper with very low risk exposure.
2. (education, US, Philippines) A university student who is in their fifth year of postsecondary education without having graduated.

Adjective

supersenior (not comparable)

1. (finance) Of a status higher than that of a senior lender.
   • 2007 October 31, Nick Cumming-Bruce, “Mortgage Woes Push UBS to Its First Loss in 5 Years”, in New York Times‎^[1]:

     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.