For example The unsecured creditor had little involvement during insolvency compared to secured or preferential creditors. Show source/s Plain English Campaign Give feedback This page is not useful This page is useful Thank you for your feedback. If you have another few minutes please take the time to tell us about our new Dictionary service. Thank you for your feedback. If you could tell us more, it would really help. Submit
Preferential creditor A creditor who has to be paid in full before unsecured creditors can be paid anything.