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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 creditor


preferential 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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