allowed interest
allowed interest
a claim of a creditor (or an equity interest) that is approved by the court for satisfaction under the plan of reorganization (Glossary of Common Bankruptcy Terms)

(or allowed claim) (Common Bankruptcy Terms)

A claim of a creditor (or an equity holder) that is approved by the court. Only allowed claims (or allowed interests) receive distributions from the bankruptcy estate (SA-Bankruptcy.com)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

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