Word: Fraudulent transfer
Definition:
A transfer made with intent to hinder, delay, or defraud creditors, or for less than fair value.
Sample Sentence:
The trustee challenged the pre-bankruptcy asset sale as a fraudulent transfer.
Why It Matters:
Courts can reverse such transfers to protect creditor rights.
Quick Tip:
Common in bankruptcy to recover improperly shifted assets.
Source: https://www.uscourts.gov/glossary
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