MLchartDataset catalogue

Priority claim

Term · Law · MLC-T-LAW-000180

An unsecured claim that is entitled to be paid ahead of other unsecured claims that are either of lower priority or not entitled to priority status. Priority refers to the order in which these unsecured claims are to be paid.

Table 1. Record
IdentifierMLC-T-LAW-000180
FieldLaw
ReferencesU.S. Courts Glossary of Legal Terms
Record as JSON
{
  "id": "MLC-T-LAW-000180",
  "term": "Priority claim",
  "field": "Law",
  "definition": "An unsecured claim that is entitled to be paid ahead of other unsecured claims that are either of lower priority or not entitled to priority status. Priority refers to the order in which these unsecured claims are to be paid.",
  "references": [
    "U.S. Courts Glossary of Legal Terms"
  ],
  "url": "https://mlchart.com/terminology/law/priority-claim/"
}

Record 180 of 241 in Law terminology (MLC-0107). Request the full dataset.