Definition of Privileged debts. Meaning of Privileged debts. Synonyms of Privileged debts

Here you will find one or more explanations in English for the word Privileged debts. Also in the bottom left of the page several parts of wikipedia pages related to the word Privileged debts and, of course, Privileged debts synonyms and on the right images related to the word Privileged debts.

Definition of Privileged debts

Privileged debts
Privileged Priv"i*leged, a. Invested with a privilege; enjoying a peculiar right, advantage, or immunity. Privileged communication. (Law) (a) A communication which can not be disclosed without the consent of the party making it, -- such as those made by a client to his legal adviser, or by persons to their religious or medical advisers. (b) A communication which does not expose the party making it to indictment for libel, -- such as those made by persons communicating confidentially with a government, persons consulted confidentially as to the character of servants, etc. Privileged debts (Law), those to which a preference in payment is given out of the estate of a deceased person, or out of the estate of an insolvent. --Wharton. --Burrill. Privileged witnesses (Law) witnesses who are not obliged to testify as to certain things, as lawyers in relation to their dealings with their clients, and officers of state as to state secrets; also, by statute, clergymen and physicans are placed in the same category, so far as concerns information received by them professionally.

Meaning of Privileged debts from wikipedia

- renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial...
- boats. There was often little chance of the debt being paid off. The privileged traders secured the debts by having the borrowers pledge their property...
- supply of milk to the market is reduced by the amount distributed to the privileged group, so the price and availability of milk may change. Corruption: firms...
- country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts...
- also mani****te gunpowder, such as causing it to explode spontaneously; Privileged are powerful sorcerers; being exceedingly rare, they are almost exclusively...
- process, the International Monetary Fund was considered a "privileged creditor", that is, all debt was recognized and paid in full. During 2005 Argentina...
- including Nip/Tuck, Veronica Mars, Grey's Anatomy, Ghost Whisperer, Privileged, Without a Trace, and Cold Case among others. Giuntoli was also in consideration...
- Israel's external debt. Israel has one of the lowest external debts in the developed world, and is a lender in terms of net external debt (****ets vs. liabilities...
- who thought he was "above the law", had shown no remorse, and "lived a privileged life and simply wants to continue that". He was ordered to surrender for...
- personal guarantees of the company's debts to those lending to the company. They will then be liable for those debts that the company cannot pay, although...