preferred creditor

noun

Definition of preferred creditor

: a creditor whose claim takes legal precedence over other claims

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

History and Etymology for preferred creditor

preferred entry 1

Keep scrolling for more

Learn More About preferred creditor

Dictionary Entries Near preferred creditor

preferred

preferred creditor

preferred lie

See More Nearby Entries 

Statistics for preferred creditor

Cite this Entry

“Preferred creditor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/preferred%20creditor. Accessed 17 Oct. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Dog Words Quiz

  • shiba puppy more or less demanding cuddles
  • Which of the following animals has a dog in its etymology?
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!