prior creditor

prior creditor
привілейований кредитор

Англійсько-український словник авіаційних термінів / Уклад.: Р.О. Гільченко. - К.: НАУ. 2009.

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  • prior — I /prayar/ The former; earlier; preceding; preferable or preferred II noun The chief of a convent; next in dignity to an abbot III adj Earlier; elder; preceding; superior in rank, right, or time; as, a prior lien, mortgage, or judgment @ prior… …   Black's law dictionary

  • preferential creditor — Preferential creditors have prior rights, under the Insolvency Act 1986 to payment from the assets available for creditors in the event of an insolvency (e.g. the Inland Revenue, VAT or employees wages). They rank after fixed charges but before… …   Law dictionary

  • equity to marshal assets — The equity to marshal the assets, securities and funds of a debtor is the right of a creditor who has a junior lien on or interest in only a part of the assets, securities, or funds of the debtor to have a creditor who has a prior lien on or… …   Ballentine's law dictionary

  • bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

  • 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

  • Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… …   Wikipedia

  • Bankruptcy Abuse Prevention and Consumer Protection Act (US) — Bankruptcy Abuse Prevention and Consumer Protection Act Full title An Act to amend title 11 of the United States Code, and for other purposes. Acronym BAPCPA Colloquial name(s) Bankruptcy Reform Enacted by the …   Wikipedia

  • Insolvency law of Switzerland — The insolvency law of Switzerland is the law governing insolvency, foreclosure, bankruptcy and debt restructuring proceedings in Switzerland. It is principally codified in the Federal Statute on Debt Enforcement and Bankruptcy ( de. Bundesgesetz… …   Wikipedia

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… …   Wikipedia

  • SURETYSHIP — (Heb. עַרְבוּת), one person s undertaking to fulfill the obligation of another toward a third person (called the arev, ḥayyav, and nosheh, respectively). In Jewish law fulfillment of an obligation is secured primarily through the assets of the… …   Encyclopedia of Judaism

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