What is Preference Payment?

Preference Payment

Crypto

Preference Payment: A preference payment is one made to a favoured creditor before insolvency, which an administrator can recover for the general estate.

Related terms

Delivery versus Payment (DvP)
Payment for Order Flow
Payment Rail
Payment Stablecoin
Payment versus Payment (PvP)
Direct preference optimisation (DPO)
Preference data
Self-preference bias

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