marshalling
C1CEFR level
65/100Rarity: rare
TechnicalRegister
The equitable ordering of a creditor's recourse to funds so a junior creditor with access to only one fund is not prejudiced.
By marshalling, the second lender forced the bank to exhaust the other collateral first.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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