P

Possessing or accorded a priority, advantage, or privilege. Generally denoting a prior or superior claim or right of payment as against another thing of the same kind or class. See State v. Oheraw & C. R. Co., 16 S. G. 528. Preferred creditor. A creditor whom the debtor has directed shall be paid before other creditors. Preferred debt. A demand which has priority; which is … [Read more...] about PREFERRED

A creditor who has priority and entitled to receive payments ahead of other creditors from the same debtor. … [Read more...] about PREFERRED CREDITOR

In logic. That which is said concerning the subject In a logical proposition; as, "The law is the perfection of common sense." "Perfection of common sense," being affirmed concerning the law, (the subject) is the predicate or thing predicated. Wharton; Bourland v. Hildreth, 26 Cal. 232. … [Read more...] about PREDICATE

The dividend payments made to holders of preferred stock. … [Read more...] about PREFERRED DIVIDEND

This term, in its natural and ordinary signification, is understood to be something greater or superior in power and influence to others, with which it is connected or compared. So understood, a "predominant motive," when several motives may have operated, is one of greater force and effect, in producing the given result than any other motive. Matthews v. Bliss, 22 Pick. … [Read more...] about PREDOMINANT