Definition of prior charge in English:

prior charge

Line breaks: prior charge

Entry from British & World English dictionary

noun

Finance
A class of stock or capital on which claims for payment take precedence over the claims of ordinary stock or capital: items to be taken into account as a prior charge on the assets

Definition of prior charge in:

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Word of the day anomalous
Pronunciation: əˈnämələs
adjective
deviating from what is standard, normal, or expected