preferred creditor

A creditor with a superior right to payment, such as a holder of a perfected security interest as compared to a holder of an unsecured claim. [Cases: Secured Transactions 138–140, 168. C.J.S. Secured Transactions §§ 88, 90–92, 106–107, 119–124.]

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词条贡献者

译者Henry，毕业于世界顶级翻译学院，擅长翻译各种与企业管治相关的法律文件。