priority of liens

См. также в других словарях:

• priority — priority, precedence can both mean the act, the fact, or, especially, the right of preceding another. When the reference is to the right, both terms usually imply an established or accepted code that determines which shall precede the other.… …   New Dictionary of Synonyms

• priority — Precedence, going before. A legal preference or precedence. The relative ranking of competing claims to the same property. When two persons have similar rights in respect of the same subject matter, but one is entitled to exercise his right to… …   Black's law dictionary

• 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

• priority of attachment — Priority of an attachment in reference to another attachment of the same property, as determined by order of levy or by order of issuance of the writs. 6 Am J2d Attach § 468. The priority of an attachment in reference to other liens. 6 Am J2d… …   Ballentine's law dictionary

• priority —    In bankruptcy law, the right to collect before other creditors do so. Priority is given to taxing authorities, judgment holders, secured creditors, bankruptcy trustees, and attorneys. Priority is also given to mortgages, deeds of trusts, or… …   Business law dictionary

• priority — The attribute or quality of that which is earlier or previous in point of time. Precedence. Of lien:–a superiority of security over other liens either in point of time or as declared by law from considerations of public policy. Of claim:–the… …   Ballentine's law dictionary

• concurrent liens — Liens which arise simultaneously, in consequence of their creation at the same time or by the same instrument and which are therefore of equal dignity and are entitled to equal rank in priority. 33 Am J1st Liens § 33 …   Ballentine's law dictionary

• circuity of liens — A legal situation difficult of analysis, often presented in the examination of law students to puzzle and harass them, illustrated by the following: the lien of A has priority over the lien of B; the lien of B has priority over the lien of C; but …   Ballentine's law dictionary

• concurrent liens — Two or more liens or possessory rights in the nature of liens on the same property and possessing the same priority …   Black's law dictionary

• concurrent liens — Two or more liens or possessory rights in the nature of liens on the same property and possessing the same priority …   Black's law dictionary

• marshaling liens — Determining the priority as between two or more liens. An expression sometimes loosely used for marshaling assets. See marshaling assets …   Ballentine's law dictionary