Legal-Explanations.com - Legal resources in plain English
Legal-Explanations.com Home > Legal Definitions
 

Priority

Advantage in right to be ahead or going before the others in the claims.For eg. the oldest of the creditors has the right to claims ahead of newer creditors.

 
Legal-Explanations.com Home
About us | Contact us | Privacy | Terms of service

2004 - 2007 Legal-Explanations.com. All rights reserved