词汇 | preferential-creditor |
释义 | preferential creditor noun[ C ] FINANCE, LAWukus one of the people, businesses, etc. to which a bankrupt company owes money that must be paid back before others: Barclays Bank and the preferential creditors will be repaid in full, while unsecured creditors will receive 'substantial' payments. See also creditor Compare ordinary creditor Examples of preferential creditorpreferential creditor In the past small businesses went into bankruptcy owing money to the wholesaler, who was not a preferentialcreditor. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Would the social fund become in effect a preferentialcreditor with the right to take payments at source out of benefit each week? From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 I am disturbed to find that although the victim is to become a creditor in the criminal bankruptcy, there is nothing to make him a preferentialcreditor. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 So they were not subject to claims of preferential creditors. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The balance available, if any, after the preferential creditors are repaid is available to repay the non-preferential creditors. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Among the preferential creditors, the insolvency practitioners' fees together with adopted contracts attain super-priority. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Importantly, secured and preferential creditors' entitlements can not be reduced without their consent. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In some legal systems, preferential creditors take priority over all other creditors, including creditors holding security, but more commonly the preferential creditors are only given priority over unsecured creditors. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. That will benefit people after payments have been made to preferential creditors and for administration costs. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 There are already two classes of preferential creditors which have sprung up in the interval: the single plot owner and the registered builder. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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