Priority of debts
Priority Pri*or"i*ty, n. [Cf. F. priorit['e]. See {Prior}, a.] 1. The quality or state of being prior or antecedent in time, or of preceding something else; as, priority of application. [1913 Webster]

2. Precedence; superior rank. --Shak. [1913 Webster]

{Priority of debts}, a superior claim to payment, or a claim to payment before others. [1913 Webster]

Syn: Antecedence; precedence; pre["e]minence. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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