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Glossary   >   B   >   "Best-interests-of-creditors test" Definition            Best-interests-of-creditors test The requirement that a claim holder voting against a plan of reorganization must receive at least as much as he would have if the debtor were liquidated. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Best-interests-of-creditors test - The requirement that a claim holder voting against a plan of reorganization must receive at least as much as he would have if the debtor were liquidated.