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  1. prior charge

    • n.
      a class of stock or capital on which claims for payment take precedence over the claims of ordinary stock or capital
    • noun: prior charge, plural noun: prior charges

    • 釋義

    名詞

    • 1. a class of stock or capital on which claims for payment take precedence over the claims of ordinary stock or capital items to be taken into account as a prior charge on the assets