- 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.
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allowed claim — 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 interest) (Common Bankruptcy Terms) A claim of a creditor (or an… … Glossary of Bankruptcy
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary
Interest on Lawyer Trust Accounts — (IOLTA) is a type of program in which interest earned from money held in a lawyer trust accounts is aggregated and required to paid to another state agency, subsidizing legal services for those who cannot afford them.HistoryThe practice is that a … Wikipedia
interest, vested — n. A present interest in property that the owner is allowed to transfer in the present but might not be allowed to actually possess or enjoy until some time in the future. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks … Law dictionary
interest reipublicae supreme hominum testamenta rata haberi — /interest riyaypablasiy s(y)apriyma homanam testamenta reyta habiray/ It concerns the state that men s last wills be held valid (or allowed to stand) … Black's law dictionary
interest — A right in, or share of, something. Concern. The compensation allowed by law, or fixed by the parties, for the use, detention, or forbearance of money or its equivalent. 30 Am J Rev ed Int § 2. Compensation payable on a contractual basis or… … Ballentine's law dictionary
interest group — a group of people drawn or acting together in support of a common interest or to voice a common concern: Political interest groups seek to influence legislation. [1905 10] * * * ▪ political science Introduction also called special interest group … Universalium
interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… … Black's law dictionary
Interest Deduction — A deduction for taxpayers who pay certain types of interest. Interest deductions reduce the amount of income subject to tax. The two main types of interest deductions are for home mortgage and home equity loan interest, and margin account… … Investment dictionary
Interest Rate Ceiling — The maximum interest rate that a financial institution can charge a borrower for an adjustable rate mortgage or loan according to the contractual terms of the mortgage or loan. This interest rate is expressed as an absolute percentage. For… … Investment dictionary