Legal Dictionary
Separate creditors
Definition
A creditor holding collateral who has the right to execute the collateral as if bankruptcy had not occurred, within certain limits.
Categories
Banking & Finance
Example Sentence
- Example: In financing, separate creditor becomes an important document/concept for managing risk.
Synonyms
No synonyms recorded.
Reference Source
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General references: banking, financing, and capital markets
Term Relations
No relations recorded yet.