Preferential Treatment: Canada Debt .ca defines Preferential Treatment

Bankruptcy Term Preferential Treatment

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Canada Debt has the definition to the bankruptcy and debt term Preferential Treatment. Finding answers to terms such as Preferential Treatment 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. Preferential Treatment in financial terms means...

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

The payment of money or the granting of security by an insolvent debtor that benefits one or more creditors to the detriment of the other creditors.