supersenior

Having high-quality financial paper with very low risk exposure.

A university student who is in their fifth year of postsecondary education without having graduated.

Of a status higher than that of a senior lender.

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.