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Confidential creditor

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

This term has been applied to the creditors of a failing debtor who furnished him with the means of obtaining credit to which he was not entitled, involving in loss the unsuspecting and fair-dealing creditors.

Gay v. Strickland, 112 Ala. 567, 20 South. 921.