A class of stock or capital on which claims for payment take precedence over the claims of ordinary stock or capital.
〔财政〕优先债权；优先索赔权
items to be taken into account as a prior charge on the assets
Example sentencesExamples
She left her home jointly to her daughter, Mrs Wilkinson, and her son Mr Brian Thomas, with a prior charge on the proceeds of sale of the house in favour of her ex-husband Mr Geoffrey Thomas.