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PRIORITY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A legal preference or precedence. When two persons have similar rights in respect of the same subject matter, but one is entitled to exercise his right to the exclusion of the other, he is said to have priority. In old English law. An antiquity of tenure, in comparison with one not. so ancient. Cowell. Law Dictionary - Alternative Legal Definition Going before; opposed to … [Read more...]

PRIVATE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Not general, as a private act of the legislature; not in office; as, a private person, as well as an officer, may arrest a felon; individual, as your private interest; not public, as a private way, a private nuisance. Law Dictionary - Alternative Legal Definition Affecting or belonging to private individuals, as distinct from the public generally. Not official. Private person. … [Read more...]

PRIORITY DATE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The date of filing for a petition for immigration or for labor certification. … [Read more...]

PRIVATE CARRIER

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A business that transports goods and services but is not required to conduct business activities with the general public. … [Read more...]

PRIORITY DEBT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Debt that is paid first when several debts are required to be paid. Typically used in bankruptcy proceedings. Priority debt examples include secured creditors (versus unsecured), alimony and child support payments, professional fees owed to the trustee and the attorney in the bankruptcy case and employee wages. … [Read more...]

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