precedence
Definition
Order, preference, or priority in place, rank, status, or time.
precedence is in the Corporate, Commercial, & General Law subject.
precedence appears in the definitions of the following terms:
tax liability,
junior claim,
entitlement,
queen's counsel,
parliamentary privilege,
mechanic's lien,
priority,
subordination agreement,
doctrine of transformation,
secured lender
and
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http://www.businessdictionary.com/definition/precedence.html
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