absolute priority rule
 绝对优先权条款
 The idea that creditors‘ claims take precedence over shareholders‘ claims in the event of a liquidation or reorganization. shareholders are compensated only after debtors have been fully paid off.
 
Absorbed
 吸收 
 1.公司将成本以费用形态自行吸纳，而不转嫁给消费者。
2.被购并者所收购的公司。
3.和产品生产无直接从属关系的间接制造成本。
4.编制财务报表时，被性质相近的账户合并的账户，报表使用者无法自报表上知悉明细。又称为吸收账户（absorption account）或从属账户（adjunct acount）
5.指新发行的证券已由承销商销售完毕。
6.Treated as an expense, rather than passing the cost on to customers.
7. A business that is merged into an another company due to acquisition.
8.In the equities market, the process of trading securities without affecting the market price. 






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