Assertion: preference | /r/HasProperty | a transfer of property
Facets:
value: by a debtor to its creditor
type: OTHER
Source sentences:
text: A preference in U.S. federal bankruptcy law is a transfer of property by a debtor to its creditor, on account of a pre-existing debt, that is made while the debtor is insolvent and gives the creditor more than it would obtain in a liquidation of the debtor's assets in a bankruptcy proceeding.