marshaling

noun

variants also marshalling
: an equitable doctrine requiring that if one creditor can obtain satisfaction of a claim from only one fund and a second creditor can obtain satisfaction from more than one fund the second creditor must claim against the fund that the other creditor cannot reach

Dictionary Entries Near marshaling

Cite this Entry

“Marshaling.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/marshaling. Accessed 24 Nov. 2024.

More from Merriam-Webster on marshaling

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!