preferred creditor status
1preferred — pre‧ferred [prɪˈfɜːd ǁ ɜːrd] adjective [only before a noun] FINANCE 1. used to talk about a company s most important investors. If the company is in financial difficulty, preferred investors may receive payment of dividends, debts etc even if… …
2Preferential creditor — A preferential creditor (in some jurisdictions called a preferred creditor) is a creditor who receives a preferential right to payment upon the debtor s bankruptcy under applicable insolvency laws.In most legal systems, some creditors are given… …
3ideal lien creditor — A term of the law of bankruptcy relative to the preferred status of a trustee in bankruptcy in asserting priorities; a hypothetical creditor holding a lien by legal or equitable proceedings at the date of bankruptcy, whereby the trustee in… …
4Inter-American Development Bank — The Inter American Development Bank (preferred abbreviation IDB, although sometimes found as IADB), was established and headquartered in Washington, D.C., United States, in 1959 to support Latin American and Caribbean economic and social… …
5Olivia Langdon Clemens — Olivia in 1869 at about 24 years old. Born Olivia Louise Langdon November 27, 1845(1845 11 27) Elmira, NY …
6Common Stock Fund — A mutual fund that invests in the common stock of numerous publicly traded companies. Common stock funds provide investment diversification and offer time savings over researching, buying and selling individual stocks. Common stocks are shares of …
7Floating charge — A floating charge is a security interest over a fund of changing assets of a company or a limited liability partnership (LLP), which floats or hovers until conversion into a fixed charge, at which point the charge attaches to specific assets. The …
8Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… …
9Scottish Daily News — The Scottish Daily News (SDN) was a left of centre daily newspaper published in Glasgow, Scotland, from May 5 to November 8, 1975. It was hailed as Britain s first worker controlled, mass circulation daily, formed as a workers cooperative by 500… …
10landlord's lien — noun lien on a tenant s property for the satisfaction of unpaid rent or property damage; the landlord is given the status of a preferred creditor with regard to the tenant s property • Hypernyms: ↑lien …
