PET - Plain English Taxonomy

Name:	RankingTypeDimension
Label:	Ranking Type Dimension
TREF ID:	DM912
Type:	Predefined
Description:	This dimension categorises information according to whether or not asset or liability that will be ranked at a different priority to other assets and liabilities.
Usage:	ARF_720_3

Dimension Members

Name	Label	TREF ID	Description
Senior	Senior	DV8456	This is when any asset or liability will, in entirety or in part, rank higher than other assets and liabilities and therefore will be repaid ahead of subordinate or unsecured rankings.
Subordinated	Subordinated	DV8457	This is when any asset or liability, in entirety or in part, carry a lower priority and therefore are not to be repaid until other specified creditors are repaid.

Name

Label

TREF ID

Description

Senior

DV8456

This is when any asset or liability will, in entirety or in part, rank higher than other assets and liabilities and therefore will be repaid ahead of subordinate or unsecured rankings.

Subordinated

DV8457

This is when any asset or liability, in entirety or in part, carry a lower priority and therefore are not to be repaid until other specified creditors are repaid.