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Concept information

Right > vorderingsrecht (nl) > Priority right

Preferred term

Priority right  

Broader concept

Broader concepts

Description

  • A privilege is a right of action that - in case of concurrence of rights of recourse - provides priority during the distribution of the net proceeds before co-creditors, if the proceeds are too low to pay them all.

Source

In other languages

URI

http://brk.basisregistraties.overheid.nl/id/concept/Voorrecht

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