Privileged debts

(Law) those to which a preference in payment is given out of the estate of a deceased person, or out of the estate of an insolvent.

See also: Privileged

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
(Civil Code, Article 1556.) In accordance with Article 1557, debts afforded a preference include privileged debts, security interests and mortgages.