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• An unsecured claim that is entitled to be paid ahead of other unsecured claims that are not entitled to priority status. Priority refers to the order in which these unsecured claims are to be paid.

  U.S. Courts - Cite This Source - This Definition
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  Cite Definition for priority claim

  American Psychological Association (APA)

  priority claim. (n.d.). US Bankruptcy Court Southern District of Iowa. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/priority-claim.

  Chicago Manual of Style (CMS)

  priority claim. www.uscourts.gov. US Bankruptcy Court Southern District of Iowa. U.S. Courts. http://www.expertglossary.com/definition/priority-claim (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "priority claim." US Bankruptcy Court Southern District of Iowa. U.S. Courts. 10 June. 2023 http://www.expertglossary.com/definition/priority-claim.

• Browse Related Terms: automatic stay, automatic stay provision, bankruptcy petition, contingent claim, creditor, Debtor, fresh start, joint petition, liquidated claim, matrix, Priority, priority claim, proof of claim, schedules, unliquidated claim, unscheduled debt

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