In common parlance, seniority ( lat. Senior "the elder") denotes the principle of priority for people of older age or - in the figurative sense and not quite correctly - for people who have belonged to a certain group for longer. The latter is more appropriately referred to as the principle of anciency .
In finance, the seniority of a deposit describes the order in which the deposit is repaid in the event of bankruptcy . The creditors of deposits of the same seniority are equally satisfied. Only if more capital is available will the creditors be equally satisfied with deposits of the next younger seniority.
In labor law , seniority refers to the preference based on age for promotions or wages . It is in contrast to seniority , which is based on seniority . An example of the seniority principle were the “age levels” in the BAT . The performance-independent better position due to age is popularly referred to as the calcification allowance and criticized in the political discussion as inhibiting performance.
In European trademark seniority refers to the priority of a more established national brand before later for the internal market of the European Union registered Union brand . However, this priority only applies to the country in which the national trademark exists longer than the EU trade mark.
- Bulmahn wants to reward performance , Welt Online, March 24, 1999
- Performance evaluation in the public service in the member states of the European Union ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. , Study for the 48th meeting of heads of departments of the public service of the member states of the European Union, Federal Ministry of the Interior, 2007