Marshalling Securities
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
An arrangement of creditors into classes with respect to their satisfaction out of the assets of the common debtor in such manner as to compel the creditor having a right of resort to two or more different funds to satisfy his claim first from the fund to which no other creditor has a right to resort.
1 Story, Eq. 633.