co-creditor
91Unsecured creditor — An unsecured creditor is a creditor which is not a preferential creditor and which does not have the benefit of any security interests in the assets of the debtor.In the event of the bankruptcy of the debtor, the unsecured creditors usually… …
92junior creditor — A creditor holding junior debt. American Banker Glossary * * * junior creditor junior creditor ➔ creditor * * * junior creditor UK US noun [C] FINANCE ► a person or organization that is owed money by a bankrupt company and that will not be paid… …
93senior creditor — A creditor holding senior debt. American Banker Glossary * * * senior creditor senior creditor ➔ creditor * * * senior creditor UK US noun [C] FINANCE ► a person or organization that is owed money by a bankrupt company and that will be paid back… …
94general creditor — ➔ creditor * * * general creditor UK US noun [C] (US FINANCE ► a person or organization that lends money, but does not have an agreement that allows them to take property or assets of the borrower if the loan is not paid back: »As a general… …
95Preferential 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… …
96Menachem Creditor — is the rabbi of Congregation Netivot Shalom,[1] in Berkeley, California. He is chair of Bay Area Masorti, a co founder and facilitator of ShefaNetwork.org: The Conservative/Masorti Movement Dreaming from Within, co founder of KeshetRabbis: The… …
97unsecured creditor — a creditor who extended credit to a debtor without collateral security. If the debtor files for bankruptcy or is levied upon, the unsecured creditors are paid on a pro rata basis only after the claims of all secured creditors are satisfied… …
98ordinary creditor — ➔ creditor * * * ordinary creditor UK US noun [C] FINANCE, LAW ► a person or business that is among the last to get money that they are owed by a bankrupt company, and who may get less than other creditors, or nothing at all: »The company… …
99general unsecured creditor — USA unsecured creditor, Also known as general creditor and general unsecured creditor. A creditor holding an unsecured claim, or having no liens against a debtor s property. Unsecured creditors have no rights against specific property of the… …
100debtor-creditor — Under the Consumer Credit Act 1974, a debtor creditor supplier agreement is one where the creditor (the person offering finance) is connected in some way with the dealer or supplier of the goods by the credit or where the creditor and supplier… …
