surrender of a preference

surrender of a preference. Bankruptcy. The yielding of a voidable conveyance, transfer, assignment, or encumbrance by a creditor to the trustee as a condition of allowing the creditor’s claim. [Cases: Bankruptcy 2824. C.J.S. Bankruptcy § 239.]

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词条贡献者

法律翻译Glen，毕业于英国一流的高级翻译学院，专注翻译各类与交易架构和策略有关的法律文件。