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| | Legal Definition of Priority |
 | | He who has the precedency in time has the advantage in right, is the maxim of the law; not that time, considered barely in itself, can make any such difference, but because the whole power over a thing being secured to one person, this bars all others from obtaining a title to it afterwards. |
 | | In the payment of debts, the United States are entitled to priority when the debtor is insolvent, or dies and leaves an insolvent estate. |
 | | The priority was declared to extend to cases in which the insolvent debtor had made a vol-untary assignment of all his property, or in which his effects had been attached as an absconding or absent debtor, on which an act of legal bankruptcy had been committed. |
| www.lectlaw.com /def2/p160.htm (182 words) |
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