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preference as to assets

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См. также в других словарях:

  • preference — pref·er·ence / pre frəns, fə rəns/ n 1: the right to prior payment of a debt with preference over the creditors of the heirs or legatees Louisiana Civil Code 2: the transfer of an insolvent debtor s interest in property to a creditor for an… …   Law dictionary

  • preference — A legal term used in bankruptcy to describe a transaction deemed to have occurred under circumstances favorable to the creditor that benefited from the transaction. This provision is intended to protect unsecured creditors. Under the U.S.… …   Financial and business terms

  • preference share — preferred shares of a corporation that have first claim to preferred dividends. Bloomberg Financial Dictionary A type of share that pays a fixed percentage dividend. Preference shareholders come before the ordinary shareholder when it comes to… …   Financial and business terms

  • preference — /ˈprɛfərəns / (say prefuhruhns), /ˈprɛfrəns / (say prefruhns) noun 1. the act of preferring; estimation of one thing above another; prior favour or choice. 2. the state of being preferred. 3. that which is preferred; the object of prior favour or …  

  • preference —    In bankruptcy, the payment of a debt to one creditor rather than division of the assets equally among all those who are owed money, often by making a payment to a favored creditor just before the debtor files a petition to be declared bankrupt …   Business law dictionary

  • preference — /pref euhr euhns, pref reuhns/, n. 1. the act of preferring. 2. the state of being preferred. 3. that which is preferred; choice: His preference is vanilla, not chocolate. 4. a practical advantage given to one over others. 5. a prior right or… …   Universalium

  • Preference Shares — Company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event of a company bankruptcy, preferred stock shareholders have a right to be paid company assets first. Preference shares typically… …   Investment dictionary

  • preference — The paying or securing to one or more of his creditors, by an insolvent debtor, the whole or a part of their claim, to the exclusion or detriment of the rest. The act of an insolvent debtor who, in distributing his property or in assigning it for …   Black's law dictionary

  • Unfair preference — In many legal systems, where a person or company transfers assets or pays a debt to a creditor shortly before going into bankruptcy, that payment or transfer can be set aside on the application of the liquidator or trustee in bankruptcy as an… …   Wikipedia

  • liquidity preference — (in Keynesian economics) the degree of individual preference for cash over less liquid assets. [1935 40] * * * In economics, the premium that holders of wealth demand for exchanging ready money or bank deposits for safe, nonliquid assets such as… …   Universalium

  • Time preference — In economics, time preference (or discounting ) pertains to how large a premium a consumer will place on enjoyment nearer in time over more remote enjoyment.There is no absolute distinction that separates high and low time preference, only… …   Wikipedia

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