Equitable Subordination - Law Dictionary Search Results
equitable subordination
equitable subordination : the subordination of a creditor's claim in a bankruptcy
subordination
;also : the remedy of subordinating a claim see also equitable subordination
capitalization
a business is considered by courts in cases dealing with equitable subordination of creditors or piercing the corporate veil. 4 : the
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subordinate
: postpone satisfaction of until after satisfaction of another [the equitable assignee will be subordinated to the rights of the assignor's … subordinate 1 : placed in or occupying a lower rank, class,
mortgage
: a mortgage that is not guaranteed by government agency equitable mortgage : a constructive or implied mortgage : a transaction … maturity date second mortgage : a mortgage lien that is subordinate in priority to a first mortgage called also junior mortgage
Attendant term
the person entitled to the inheritance then became, according to equitable principle, entitled to the beneficial interest in such term, and … held to be such person's trustee. This beneficial interest was subordinate to and merely attendant upon the higher estate possessed by
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