Priority Date - In the INS Immigrant visa petition application process, the priority date is the date the petition was filed.
Priority
Advantage in right to be ahead or going before the others in the claims.For eg. the oldest of the creditors has the right to claims ahead of newer creditors.
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Dividend Priority: Special rights enjoyed by holders of a secondary class of stock that entitle holders to receive dividends before other shareholders.
Priority Document - A document which establishes a priority date.
Prima facie - [Of first appearance; on the face of it] -based on a first impression.
priority action A letter in which an examining attorney sets forth specific requirements that the applicant must meet before an application can be approved for publication.
Priority: The right to take precedence over another; the state of being ahead in time, therefore, having priority; a legal preference.
Priority of distribution. All creditors are not treated equally. There are several levels of priority in the distribution of assets. A creditor with a security lien on property (e.g., bank mortgage) has priority over other creditors.
priority
n. the right to be first or ahead of the rights or claims of others. In bankruptcy law, the right to collect before other creditors is given to taxing authorities, judgment holders, secured creditors, bankruptcy trustees and attorneys.
Even constitutions fall into this category and, though they are not often changed and wisdom urges us to refrain from changing them except upon the highest priority, yet they, too, can be amended, revised, or done away with altogether.
Laborer's liens establish priority for the payment of employees in favor of general creditors in cases of bankruptcy; mechanic's liens similarly provide priority for the payment of contractors who provided goods and services for building projects.
Strictly speaking, a creditor who has a lien or a charge (such as a mortgage) and thus, a priority on an asset (or fund), and also has access on another asset, can collect off one or the other or both, to the satisfaction of his debt.
Yet, as to personalty, their decrees are equal to a judgment and have preference according to priority. They are also conclusive between the parties.
Definition - adj
: having higher rank or priority <a ~ lienholder>
specif
: having a claim on corporate assets and income prior to other securities
Pronunciation'sE-ny&r ...
In some cases, however, the mortgagee obtains a decree for a sale of the land, under the direction of an officer of the court, in which case the proceeds are applied to the discharge of encumbrances, according to their priority.
A lien created by statue for the purpose of securing priority of payment for the price of value of work performed and materials furnished in construction of repair of improvements to land, and which attached to the land as well as the improvements.
Ballot Bills have the best chance of becoming law, as they get priority for the limited amount of debating time available. The names of MPs applying for a Bill are drawn in a ballot held at the start of the beginning of the parliamentary year.
subordination
n. allowing a debt or claim which has priority to take second pos...
subordination agreement
n. a written contract in which a lender who has secured a loan by...
Subordination Agreement
An agreement establishing the priority of payment of claims, whereby a creditor may agree that claims of other creditors are discharged before payment is made to the subordinated creditor.
a patent confers a "negative right" upon a patent owner, because he or she may legally exclude competitors from using or exploiting the invention, even if the competitor subsequently (either subsequent to the date of invention, or to the priority ...
4) In bankruptcy: filing under chapter 7 by a debtor whose monthly, disposable income exceeds $10,950 or 25% of his or her non-priority unsecured debt (if at least $6,575) for a five-year period is presumptively abusive, ...
Where European law can be relied on directly by an individual in national proceedings and can be used to take priority over conflicting national law if certain criteria are met.
Directions ...
Filling Out Form I-864 for Immigrating Family Member
How Long Is the Wait for Your Priority Date to Become Current?
Applying for a Green Card Based on Marriage to a U.S. Permanent Resident: Overview
Preparing for K-3 Marriage-Based Visa Interview ...
Also known as Superfund, the program activities include establishing the National Priorities List, investigating sites for inclusion on the list, determining their priority, and conducting and/or supervising cleanup and other remedial actions.
The court will expedite (speed up) cases involving issues of child custody, support, visitation, adoption, paternity, determination that a child is in need of services, termination of parental rights, and all other appeals entitled to priority by the ...
Also, in the case of legacies when the funds or assets out of which they are payable are not sufficient to pay them in full, the legacies abate in proportion, unless there is a priority given specially to any particular legacy (see Legacy).
if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority ...
In equal right; upon like or equivalent footing. Pari materia. On a like subject. Pari passu. By equal step; at equal rate: without preference or priority, as of one creditor over another, in marshaling assets.
represent the bright future of our country and hold our hope for a better Nation. Our children are also the most vulnerable members of society. Protecting them against the fear of crime and from becoming victims of crime must be a national priority.
mechanic's lien An encumbrance on property, created by statute in most states, that exists in favor of persons who have performed work or furnished materials in and for the construction of a building, intended to secure for them a priority of ...
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