Priority
/ˈpraɪɔrɪti/
Definitions
- (n.) The right to take precedence over others in claim, use, or preference.
The creditor has priority over other claimants.
- (n.) An order or ranking that denotes importance or urgency.
Safety is the priority in emergency procedures.
Forms
- priorities
Related terms
See also
Commentary
In legal contexts, priority often determines the order in which claims or rights are satisfied, especially in insolvency or lien cases.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.