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Dictionary Results for Priority of debts:
1. The Collaborative International Dictionary of English v.0.48
Priority \Pri*or"i*ty\, n. [Cf. F. priorit['e]. See Prior, a.]
   1. The quality or state of being prior or antecedent in time,
      or of preceding something else; as, priority of
      application.
      [1913 Webster]

   2. Precedence; superior rank. --Shak.
      [1913 Webster]

   Priority of debts, a superior claim to payment, or a claim
      to payment before others.
      [1913 Webster]

   Syn: Antecedence; precedence; pre["e]minence.
        [1913 Webster]

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