Secured parties may receive preference to unsecured senior lenders. Notwithstanding the senior status of a loan or other debt instrument, another debt instrument (whether senior or otherwise) may benefit from security that effectively renders that other instrument more likely to be repaid in an insolvency than unsecured senior debt.
A typical example of a tsundere character. Tsundere (ãã³ãã¬, pronounced [tsÉ¯ndeÉ½e]) is a Japanese term for a character development process that describes a person who is initially cold and even hostile towards another person before gradually showing a warmer side over time.
Tsundere is a portmanteau of the Japanese words âtsuntsunâ (âcoldâ or âbluntâ in English) and âderedereâ (âlove struckâ in English). On August 3rd, 2001, the term was popularized in the Japanese adult visual novel Kimi ga Nozomu Eien. Examples of tsundere characters include Taiga from Toradora (shown below, left) and Rin Tohsaka from Fate/Stay Night (shown below, right).