A COMPILATION OF KEY COMPENSATION TERMS
In an effort to provide our readers with valuable resources, we have put together this dictionary of key compensation terms that will be helpful to anyone in the compensation field. Here you will find all the terms you need to know to have a good grasp on the language of compensation.
The Compensation Dictionary is also available as a PDF.
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The order in which a private equity fund pays out distributions after investments have beenliquidated. Typically, higher-tiered creditors receive payments first, while the lower-tiered creditorsreceive payments only after the higher-tiered creditors are paid back in full, in an effort to prioritizethe highest-principal loans first because they are also likely the most expensive.