Definition of CREDITORS. Meaning of CREDITORS. Synonyms of CREDITORS

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Definition of CREDITORS

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Confidential creditors
Confidential Con`fi*den"tial, a. [Cf. F. confidentiel.] 1. Enjoying, or treated with, confidence; trusted in; trustworthy; as, a confidential servant or clerk. 2. Communicated in confidence; secret. ``Confidential messages.' --Burke. Confidential communication (Law) See Privileged communication, under Privileged. Confidential creditors, those whose claims are of such a character that they are entitled to be paid before other creditors. Confidential debts, debts incurred for borrowed money, and regarded as having a claim to be paid before other debts. --McElrath.

Meaning of CREDITORS from wikipedia

- 'Long-term creditors' Current liabilities 'Current creditors' Creditors' rights are the procedural provisions designed to protect the ability of creditors—persons...
- of Composition to creditors, which would have the effect of paying the creditors some of the money they are owed. If the creditors accept the offer, the...
- its name was changed to Enron Creditors Recovery Corporation. Its goal was to repay the old Enron's remaining creditors and end Enron's affairs. In December...
- liquidator(s). If not, the liquidation will proceed as a creditors' voluntary liquidation, and a meeting of creditors will be called, to which the directors must report...
- applicable insolvency laws. In most legal systems, some creditors are given priority over ordinary creditors, either for the whole amount of their claims or up...
- secured creditor can enforce security against the ****ets of the debtor and avoid competing for a distribution on liquidation with the unsecured creditors. In...
- (1913), 140. Creditors at the Internet Off-Broadway Database. Creditors, The Stronger at the Internet Off-Broadway Database. Creditors at the Internet...
- creditors have enforced their security and the preferential creditors have exhausted their claims. Although in a liquidation the unsecured creditors will...
- When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection...
- benefit of creditors", abbreviated ABC or AFBC. In the United States, a general ****ignment or an ****ignment for the benefit of creditors is simply a...