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• Requirement that a certain class of creditors be satisfied before payment to another class of creditors.

  U.S. Courts - Cite This Source - This Definition
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  Cite Definition for absolute priority rule

  American Psychological Association (APA)

  absolute priority rule. (n.d.). US Bankruptcy Court Southern District of Iowa. Retrieved December 9, 2022, from website: http://www.expertglossary.com/definition/absolute-priority-rule.

  Chicago Manual of Style (CMS)

  absolute priority rule. www.iasb.uscourts.gov. US Bankruptcy Court Southern District of Iowa. U.S. Courts. http://www.expertglossary.com/definition/absolute-priority-rule (accessed: December 9, 2022).

  Modern Language Association (MLA)

  "absolute priority rule." US Bankruptcy Court Southern District of Iowa. U.S. Courts. 9 December. 2022 http://www.expertglossary.com/definition/absolute-priority-rule.

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