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Từ vựng:

fraudulent preference

Giải nghĩa:

/ˈfrɔː.djʊ.lənt ˈprɛ.fər.əns/ – Phrase


Definition: việc ưu tiên thanh toán nợ một cách gian dối cho một chủ nợ gây thiệt hại cho các chủ nợ khác.

A more thorough explanation: In legal terms, a fraudulent preference refers to a situation where a debtor transfers assets or pays off certain creditors with the intention of preferring one creditor over others, particularly when the debtor is insolvent or facing insolvency. This action is considered fraudulent if it is done to unfairly benefit a particular creditor at the expense of others.

Example: The company’s director was accused of making a fraudulent preference by transferring assets to a related party to avoid creditors.

 

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