preferred creditor

Questions

What does preferred creditor mean?

A creditor who will have, in the event of the debtor's bankruptcy, greater rights of collecting than other creditors.

How to pronounce preferred creditor

1. Open the pronunciation page — Open the Speakur entry for “preferred creditor”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “preferred creditor”.
4. Repeat and practice — Say “preferred creditor” aloud, matching stress and vowels until it feels natural.