preferred creditor
preferred creditor noun: a creditor who will have, in the event of the debtor's bankruptcy, greater rights of collecting than other creditors.
Noun
preferred creditor (plural preferred creditors)
- A creditor who will have, in the event of the debtor's bankruptcy, greater rights of collecting than other creditors.
Forms of preferred creditor
| plural | preferred creditors |
|---|
Questions about preferred creditor
- What does preferred creditor mean?
- Preferred creditor means a creditor who will have, in the event of the debtor's bankruptcy, greater rights of collecting than other creditors.
- What part of speech is preferred creditor?
- Preferred creditor is a noun.
- What is the plural of preferred creditor?
- The plural of preferred creditor is preferred creditors.
Words near preferred creditor in the dictionary
Source and license
Adapted from Wiktionary: preferred creditor (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “preferred creditor.” Word.ws, https://word.ws/preferred_creditor. Based on Wiktionary, CC BY-SA 4.0.
