| 词汇 | secured-creditor |
| 释义 | secured creditor noun[ C ] FINANCEukus an organization that has lent money under an agreement that they can take particular assets from the borrower if the money is not paid back: The plan is designed to satisfy its secured creditors, mostly banks and investment funds that made loans to the company in the past year. Examples of secured creditorsecured creditor A securedcreditor may be allowed to take the applicable collateral if the creditor first obtains permission from the court. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This gives the same result as having another proprietary right, so the securedcreditor takes priority in the insolvency queue. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Cooperation of the securedcreditor may however affect the assignee's ability to liquidate an asset. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. One specific risk a securedcreditor wants to avoid is preference or the perception of preference in the liquidation process (see fraudulent transfer). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The securedcreditor will generally always have priority to getting his money before the unsecured creditors do. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This would normally require that they either be paid into a blocked account, or that they be paid directly to the securedcreditor. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If the debtor goes bankrupt, a securedcreditor takes precedence over unsecured creditors in the distribution. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Once a securedcreditor is satisfied, the unsecured creditor is then the next priority. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Upon default of a debtor who has multiple creditors, the distinction between being a secured creditor and an unsecured creditor is legally significant. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Only then may the administrator attempt to realise property in favour of one or more securedcreditor. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. 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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