Examlex
Delivering products and services faster than competitors, giving companies a competitive edge is referred to as:
Rejecting Creditors
Creditors who refuse to accept the terms of a proposed debt reorganization plan during bankruptcy proceedings.
Preferential Transfer
A financial transaction made by a debtor before declaring bankruptcy that benefits one creditor over others, often subject to reversal during bankruptcy proceedings.
Fraudulent Transfer
A transfer of property made by a debtor with the intention of defeating a creditor's collection efforts.
Aggregate Debt
The total amount of debt owed by an entity, combining all debts, loans, and financial obligations.
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