preferred creditor

noun

: a creditor whose claim takes legal precedence over other claims

Word History

Etymology

preferred entry 1

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Dictionary Entries Near preferred creditor

Cite this Entry

“Preferred creditor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/preferred%20creditor. Accessed 22 Dec. 2024.

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