right of priority of creditors

right of priority of creditors
право приоритета кредиторов

English-russian dctionary of contemporary Economics. 2014.

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  • priority — pri·or·i·ty 1 /prī ȯr ə tē/ n pl ties: precedence in exercise of rights in the same subject matter secured interests have priority over unsecured ones priority 2 adj 1: having precedence over another in the exercise of rights in the same subject …   Law dictionary

  • priority —    In bankruptcy law, the right to collect before other creditors do so. Priority is given to taxing authorities, judgment holders, secured creditors, bankruptcy trustees, and attorneys. Priority is also given to mortgages, deeds of trusts, or… …   Business law dictionary

  • right to retainer — The right which the executor or administrator of a deceased person has to retain out of the assets sufficient to pay any debt due to him from the deceased in priority to the other creditors whose debts are of equal degree. In re Smith s Estate,… …   Black's law dictionary

  • deed of priority — An agreement, usually a deed, under which two or more creditors agree among themselves the rights which they shall have as between each other in relation to their debts from the same debtor and the order of priority in which their respective… …   Law dictionary

  • strict priority — The principle, first enunciated in equity receivership cases, carried over to railroad reorganization cases under § 77 of the Bankruptcy Act, reaffirmed and re enunciated in corporate reorganization cases under Ch X of the Bankruptcy Act, that in …   Ballentine's law dictionary

  • bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

  • Tax lien — A tax lien is a lien imposed on property by law to secure payment of taxes. Tax liens may be imposed for delinquent taxes owed on real property or personal property, or as a result of failure to pay income taxes or other taxes.Tax liens in… …   Wikipedia

  • Creditor's rights — is a legal term used to describe the set of procedural provisions designed to protect the ability of creditors persons who are owed money to collect the money that they are owed. These provisions vary from one jurisdiction to another, and may… …   Wikipedia

  • National Provincial Bank v Charnley — The National Provincial Bank s logo Court Court of Appeal Citation(s) [1924] 1 KB 431 Keywords Sec …   Wikipedia

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • claim — A right to payment (SA Bankruptcy.com) A right to payment, whether or not fixed, contingent, liquidated, disputed, or matured. (Bernstein s Dictionary of Bankruptcy Terminology) BAR DATE The date by which claims must be filed with the Bankruptcy… …   Glossary of Bankruptcy


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