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creditor priority

См. также в других словарях:

  • Creditor's rights — is a legal term used to describe the set of procedural provisions designed to protect the ability of creditors persons who are owed money to collect the money that they are owed. These provisions vary from one jurisdiction to another, and may… …   Wikipedia

  • priority — pri·or·i·ty 1 /prī ȯr ə tē/ n pl ties: precedence in exercise of rights in the same subject matter secured interests have priority over unsecured ones priority 2 adj 1: having precedence over another in the exercise of rights in the same subject …   Law dictionary

  • Creditor — An entity (person or institution) that extends credit by giving another entity permission to borrow money if it is paid back at a later date. Creditors can be classified as either personal or real . Those people who loan money to friends or… …   Investment dictionary

  • Preferential creditor — A preferential creditor (in some jurisdictions called a preferred creditor) is a creditor who receives a preferential right to payment upon the debtor s bankruptcy under applicable insolvency laws.In most legal systems, some creditors are given… …   Wikipedia

  • unsecured creditor — a creditor who extended credit to a debtor without collateral security. If the debtor files for bankruptcy or is levied upon, the unsecured creditors are paid on a pro rata basis only after the claims of all secured creditors are satisfied… …   Glossary of Bankruptcy

  • judgment creditor — see creditor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. judgment creditor …   Law dictionary

  • unsecured creditor — see creditor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. unsecured creditor …   Law dictionary

  • secured creditor — see creditor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. secured creditor …   Law dictionary

  • Preferred Creditor — An individual or organization that has priority in being paid the money it is owed if the debtor declares bankruptcy. Because bankrupt entities do not have enough money to fulfill all of their financial obligations, some investors that are owed… …   Investment dictionary

  • ordinary unsecured creditor — A general creditor who has no priority, no preferred treatment and no security (Ontario Bankruptcy Dictionary) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • ordinary creditor — A general creditor with no priority or security. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

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