preference — A legal term used in bankruptcy to describe a transaction deemed to have occurred under circumstances favorable to the creditor that benefited from the transaction. This provision is intended to protect unsecured creditors. Under the U.S.… … Financial and business terms
preference — pref·er·ence / pre frəns, fə rəns/ n 1: the right to prior payment of a debt with preference over the creditors of the heirs or legatees Louisiana Civil Code 2: the transfer of an insolvent debtor s interest in property to a creditor for an… … Law dictionary
preference share capital — UK US noun [U] US also preferred capital) FINANCE, STOCK MARKET ► money that a company has from selling preference shares. Shareholders with these shares must be paid before those with ordinary shares when a company is paying dividends or if it… … Financial and business terms
preference — a payment by a debtor made during a specified period (90 days or one year) prior to the filing that favors one creditor over others. Preference payments can usually be recovered and returned to the debtor s estate (Glossary of Common Bankruptcy… … Glossary of Bankruptcy
Unfair preference — In many legal systems, where a person or company transfers assets or pays a debt to a creditor shortly before going into bankruptcy, that payment or transfer can be set aside on the application of the liquidator or trustee in bankruptcy as an… … Wikipedia
Veterans' Preference Act — The Veterans Preference Act, established in the US in 1944, required the Federal Government to favor returning war veterans when hiring new employees in an attempt to recognize their service, sacrifice, and skills. Preference Before the Civil War … Wikipedia
First Stadtholderless Period — The First Stadtholderless Period or Era (1650 1672) (Dutch Eerste Stadhouderloze Tijdperk ) is the period in the history of the Dutch Republic in which it reached the zenith of its economic, military and political Golden Age. The term has… … Wikipedia
liquidity preference — (1) A desire among some holders of financial instruments to keep some or all of their funds in liquid instruments, that is, instruments that either mature in a short period of time or that can be readily sold with small risk of loss. (2) A theory … Financial and business terms
Classical period (music) — Periods of Western art music Early Medieval (500–1400) Renaissance (1400–1600) Baroque (1600–1760) Common practice Baroque (1600–1760) … Wikipedia
Second Stadtholderless Period — The Second Stadtholderless Period or Era ( nl. Tweede Stadhouderloze Tijdperk) is the designation in Dutch historiography of the period between the death of stadtholder William III on March 19 [This is the date from the Gregorian calendar that… … Wikipedia
