assignment with preferences
- assignment with preferences
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Black's law dictionary.
HENRY CAMPBELL BLACK, M. A..
1990.
Look at other dictionaries:
assignment with preferences — An assignment for the benefit of creditors, with directions to the assignee to prefer a specified creditor or class of creditors, by paying their claims in full before the others receive any dividend, or in some other manner. More usually termed… … Black's law dictionary
general assignment — noun : an assignment of all one s property not exempt by law for the benefit of all one s creditors with only such preferences as may be allowed … Useful english dictionary
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