insider preference

noun

: a transfer of property by a debtor in bankruptcy to an insider made more than ninety days prior to but within one year of the bankruptcy petition

Dictionary Entries Near insider preference

Cite this Entry

“Insider preference.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/insider%20preference. Accessed 22 May. 2024.

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