The Prefix Extra- Means Inside or Inner

question 37

True/False

The prefix extra- means inside or inner.

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Definitions:

Unsecured Non-priority Creditor

This type of creditor has a claim against the debtor that is not backed by collateral and does not have priority in bankruptcy proceedings.

Chapter 7 Liquidation

A process under the U.S. bankruptcy laws where a bankrupt company's assets are sold off to pay creditors.

Accounts Receivable

Money owed to a business by its customers for goods or services that have been delivered or used but not yet paid for.