preferential right to payment

См. также в других словарях:

• 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

• preferred — Possessing or accorded a priority, advantage, or privilege. Generally denoting a prior or superior claim or right of payment as against another thing of the same kind or class; e.g. creditor with perfected security interest @ preferred creditor… …   Black's law dictionary

• EXECUTION — (Civil), laws concerning methods of recovering a debt. Definition and Substance of the Concept In Jewish law, a debt or obligation (ḥiyyuv) creates in favor of the creditor not only a personal right of action against the debtor, but also a right… …   Encyclopedia of Judaism

• LIEN — (Heb. שִׁעְבּוּד נְכָסִים, Shibud Nekhasim). The Concept Jewish law enables the creditor to exercise a lien over all the debtor s property, in addition to his remedies against the debtor personally. This lien automatically comes into existence on …   Encyclopedia of Judaism

• South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

• IMPRISONMENT FOR DEBT — IMPRISONMENT FOR DEBT, the imprisonment of a debtor who fails to pay his debt on or before the date due. Prevalence in Other Legal Systems Influenced by Roman law (see execution civil law), imprisonment for debt was the most common means of… …   Encyclopedia of Judaism

• Hypothec — See also hypothecation. Hypothec (Lat. hypotheca , Gr. Polytonic|ὐποθήκη: hypothéke ), in Roman law, the most advanced form of the contract of pledge; in modern civil law (legal system), an instrument akin to the common law mortgage.A specific… …   Wikipedia

• charge — 1) A legal or equitable interest in land, securing the payment of money. It gives the creditor in whose favour the charge is created (the chargee) the right to payment from the income or proceeds of sale of the land charged, in priority to claims …   Accounting dictionary

• charge — 1) A legal or equitable interest in land, securing the payment of money. It gives the creditor in whose favour the charge is created (the chargee) the right to payment from the income or proceeds of sale of the land charged, in priority to claims …   Big dictionary of business and management

• VR — 1) Vorstandsrat EN advisor to the board of directors 2) Vorschußrichtlinien EN guidelines for advance payment 3) Vormundschaftsrichter EN judge of orphan s court 4) Vorkaufsrecht EN right of pre emption, preferential right to purchase …   Abkürzungen und Akronyme in der deutschsprachigen Presse Gebrauchtwagen

• winding up — see liquidation London Stock Exchange Glossary * * * winding up ˌwinding ˈup noun [singular, uncountable] COMMERCE LAW when a business or organization is closed down, especially because it cannot pay its debts: • Redeemable preference shares… …   Financial and business terms