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Marshaling securities

Defined in 2 dictionaries — Ballentine's (1916), Black's (1910)

Ballentine's Law Dictionary

James A. Ballentine · 1916

An equity practice whereby secured creditors having liens on two funds or properties upon only one of which other secured creditors have liens, must exhaust the other fund or property first. See 23 Ky. Law Rep. 1759, 66 S. W. 1.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

See Marshaling.

Defined under Security in Black's Law Dictionary.