insider preference

noun

: a transfer of property by a debtor in bankruptcy to an insider made more than ninety days prior to but within one year of the bankruptcy petition

Browse Nearby Entries

Cite this Entry

“Insider preference.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/insider%20preference. Accessed 28 Feb. 2025.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!