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Preferential Assignment

Defined in 3 dictionaries — Cyclopedic (1922), Ballentine's (1916), Black's (1910)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

An assignment for the benefit of creditors, giving preferences (q. v.)

Ballentine's Law Dictionary

James A. Ballentine · 1916

An assignment for the benefit of creditors wherein certain of them are preferred.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

An assignment of property for the benefit of creditors, made by an insolvent debtor, in which it is directed that a preference (right to be paid first in full) shall be given to a creditor or creditors therein named.