seniorsenior1 adjectiveadj1having a high position in an organization, company etca panel ofsenior corporateexecutives
He has held severalsenior management positions.
Previously, he had been a senior partner (=the more important person in a business partnership) in a law firm.
senior toStaff senior to the area supervisor play an active part in shaping the standards to be set.
2[only before a noun]FINANCE senior lenders, SHAREHOLDERs etc have to be paid before other lenders etc if the borrower gets into financial difficultyOnly after senior creditors were paid in full would ordinary shareholders get some cash.
The group has agreed a plan with its senior lenders to restructure its credit facilities.
3[only before a noun]FINANCE a company’s senior shares, bonds etc are considered to be more valuable because investors owning them will be paid before those owning ordinary shares, bonds etc. Those with senior shares etc will also be paid a larger percentage of what they are owed if the company gets into financial difficultyHalf of the purchase price was paid in cash and the balance insenior stock.