| 单词 | secured creditor |
| 释义 | secured creditor noun[C] FINANCEukusanorganizationthat haslentmoneyunder anagreementthat they can takeparticularassetsfrom theborrowerif themoneyis notpaidback: Theplanisdesignedtosatisfyitssecuredcreditors,mostlybanksandinvestmentfundsthat madeloansto thecompanyin the pastyear. Examplesofsecured creditorsecured creditor Asecuredcreditormay be allowed to take the applicable collateral if the creditor first obtains permission from the court. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.This gives the same result as having another proprietary right, so thesecuredcreditortakes priority in the insolvency queue. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Cooperation of thesecuredcreditormay however affect the assignee's ability to liquidate an asset. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.One specific risk asecuredcreditorwants to avoid is preference or the perception of preference in the liquidation process (see fraudulent transfer). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Thesecuredcreditorwill generally always have priority to getting his money before the unsecured creditors do. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.This would normally require that they either be paid into a blocked account, or that they be paid directly to thesecuredcreditor. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.If the debtor goes bankrupt, asecuredcreditortakes precedence over unsecured creditors in the distribution. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Once asecuredcreditoris satisfied, the unsecured creditor is then the next priority. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Upon default of a debtor who has multiple creditors, the distinction between being asecuredcreditor and an unsecured creditor is legally significant. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Only then may the administrator attempt to realise property in favour of one or moresecuredcreditor. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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