HyperDic: receiver-creditor_relation

English > 1 sense of the expression receiver-creditor relation:
NOUNrelationreceiver-creditor relationthe responsibility of receiver or trustee in bankruptcy to act in the best interests of the creditor
English > receiver-creditor relation: 1 sense > noun 1, relation
MeaningThe responsibility of receiver or trustee in bankruptcy to act in the best interests of the creditor.
Categorylaw, jurisprudenceThe collection of rules imposed by authority
Broaderfiduciary relationThe 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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