NOUN | relation | receiver-creditor relation | the responsibility of receiver or trustee in bankruptcy to act in the best interests of the creditor |
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Meaning | The responsibility of receiver or trustee in bankruptcy to act in the best interests of the creditor. | |
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Category | law, jurisprudence | The collection of rules imposed by authority |
Broader | fiduciary relation | The legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter |
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