Residual Assets

0.01 sec.

Residual assets

Assets that remain after sufficient assets are dedicated to meet all senior debtholders' claims in full.

Residual Assets

A person's or company's assets after all secured obligations have been paid. That is, the residual assets are those left over after all senior creditors have had their claims satisfied. For example, in a bankruptcy or other liquidation, the residual assets are those used to pay unsecured creditors or common shareholders, if any. See also: Precedence.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			By August, the payment of arrears to those who have been paid at the lower rate should have started and there will also need to be primary legislation to restructure the residual assets in collapsed pensions schemes. First pension payments are in pipeline; JUSTICE FOR THE WORKERS ASW by South Wales Echo (Cardiff, Wales) Although the government has been criticised over this matter, these are huge amounts and it is right that we have been able to maximise the return from residual assets in the schemes which collapsed so that the public purse has had value for money too. Pensioners win compensation after five years by guardian.co.uk / guardian.co.uk Any residual assets in that kind of trust can be passed on to other family members following the death of the beneficiary, instead of being used to reimburse the government for benefits the beneficiary received, Sennott explains. Sound financial strategies can spare special needs families time, ... by The Exceptional Parent			reserved water rights doctrine Reservefonds van een delinquent reserves Reserves excedentaires Reset Bond Reset Bonds Reset Frequency Reset Margin reset note residence Residency Visa resident agent Resident Alien resident manager residential residential broker Residential Communities Initiative residential development residential mortgage Residential Mortgage Backed Securities Residential Mortgage-Backed Security residential property Residential Sales Council residential service contract residual Residual Assets Residual Claim Residual Cover Residual Dividend Approach Residual Income Residual method Residual Return Residual Risk Residual Security Residual Value Residuals residuary Resiliency Resistance Resistance Level Resolution Resolution Funding Corporation Resolution Trust Corporation Resource Conservation and Recovery Act Resource Recovery Revenue Bond Resourcing RESPA Respijtdagen Respite Care respondeat superior Respondent			resider resider residere resides resides residing residing residing residing residing Residing in Group Housing Together residing together residua residua residua residua residual residual residual residual residual residual abscess residual air residual air residual air residual air residual anticline Residual Asset Residual Asset Manager Residual Asset Screening Program Residual Assets Residual Bandwidth Database Residual Bit Error Rate Residual Bit Error Rate Test Residual Bodies/Cytoplasts from Elongated Spermatids Residual body Residual body Residual body Residual body Residual body Residual Calibration Uncertainty residual cancer Residual Cancer Burden Residual Cancer Detection Limit residual capabilities assessment Residual Capability Assessment Residual Capability Assessment Survey Residual Capability Assessment System residual capacity residual caries residual caries residual caries residual carious dentin residual carious dentin residual carious dentin Residual Cartilaginous Rings at the Stump Residual Cashflow Reallocation Proportion Residual Catalytic Cracking residual charge Residual claim Residual Claims

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.