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Preferential payments

Preferential payments, in bankruptcy, administra-tion of estates of persons dying insolvent,

Preferential

Giving indicating or having a preference or precedence as a preferential claim preferential shares

preference or preferential debt payment

preference or preferential debt payment A debt payment made to a creditor in

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preferential

preferential 1 : of or constituting a preference [a transfer] 2

Preferential or preference shares or stock

Preferential or preference shares or stock, shares or stock in a

Primogeniture

1925, s. 201 (2)] Means first born and denotes the preferential rights of the senior-most in age to succeed to the

Winding-up

the law of bankruptcy (s. 262). S. 264 provides for preferential payments and (if the company is registered in England) postpones

Wages

Act, 1894, s. 164). See also title MASTER AND SERVANT; PREFERENTIAL PAYMENTS; TRUCK ACTS. It includes any privilege or benefit which

Stannary

(jurisdiction in winding up), 297 to 299 (attachment of debts, preferential payments, and mine club funds), 339 (1) (contributories), 357 (prohibition

Secretary

for misfeasance under s. 276 (ibid.). He is entitled to preferential payment on account of salary in a winding-up [S. 264;

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