Priority Claim
Legal definition for Indian law research
Definition
priority claim
An unsecured claim that is entitled to be paid ahead of other unsecured claims that are not entitled to priority status. Priority refers to the order in which these unsecured claims are to be paid.proof of claim A written statement and verifying documentation filed by a creditor that describes the reason the debtor owes the creditor money. (There is an official form for this purpose.)
Source: Administrative Office of the U.S. Courts
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.