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Meaning of preferred creditor | Babel Free

Noun CEFR B2

Definitions

A creditor who will have, in the event of the debtor's bankruptcy, greater rights of collecting than other creditors.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

preferred number preferred provider preferred stock preferred stockholder preferredness preferrer

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