Ordinary Creditor: Canada Debt .ca defines Ordinary Creditor

Bankruptcy Term Ordinary Creditor

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Canada Debt has the definition to the bankruptcy and debt term Ordinary Creditor. Finding answers to terms such as Ordinary Creditor can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Ordinary Creditor in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Ordinary Creditor' is used as follows:

A general creditor with no priority or security.