Examlex
Which code describes an object by its membership in many subgroups?
Unsecured Creditor
A creditor that extends credit without requiring specific collateral, bearing higher risk if the borrower defaults.
Claim
A demand for something due or believed to be due, typically a request for payment in accordance with an insurance policy or other formal agreement.
Involuntary Petition
A legal process initiated by creditors requesting a court to declare a debtor bankrupt when the debtor hasn't voluntarily filed for bankruptcy.
Order for Relief
A court order in bankruptcy proceedings that grants the petitioner, usually a debtor, protection from creditors and sanctions the commencement of bankruptcy proceedings.
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