priority
Term · Law · MLC-T-LAW-000179
The Bankruptcy Code's statutory ranking of unsecured claims that determines the order in which unsecured claims will be paid if there is not enough money to pay all unsecured claims in full.
| Identifier | MLC-T-LAW-000179 |
|---|---|
| Field | Law |
| References | U.S. Courts Glossary of Legal Terms |
Record as JSON
{
"id": "MLC-T-LAW-000179",
"term": "priority",
"field": "Law",
"definition": "The Bankruptcy Code's statutory ranking of unsecured claims that determines the order in which unsecured claims will be paid if there is not enough money to pay all unsecured claims in full.",
"references": [
"U.S. Courts Glossary of Legal Terms"
],
"url": "https://mlchart.com/terminology/law/priority/"
}
Record 179 of 241 in Law terminology (MLC-0107). Request the full dataset.