"privileged debt" meaning in English

{
  "forms": [
    {
      "form": "privileged debts",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "privileged debt (plural privileged debts)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
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          "source": "w"
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          "source": "w"
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          "source": "w"
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        {
          "kind": "topical",
          "langcode": "en",
          "name": "Finance",
          "orig": "en:Finance",
          "parents": [
            "Business",
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
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          "source": "w"
        },
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          "kind": "topical",
          "langcode": "en",
          "name": "Law",
          "orig": "en:Law",
          "parents": [
            "Justice",
            "Society",
            "All topics",
            "Fundamental"
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          "source": "w"
        }
      ],
      "glosses": [
        "A debt to which a preference in payment is given out of the estate of a deceased or insolvent person."
      ],
      "id": "en-privileged_debt-en-noun-KawKUqHi",
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "finance",
          "finance#Noun"
        ],
        [
          "debt",
          "debt"
        ],
        [
          "estate",
          "estate"
        ],
        [
          "deceased",
          "deceased"
        ],
        [
          "insolvent",
          "insolvent"
        ]
      ],
      "raw_glosses": [
        "(law, finance) A debt to which a preference in payment is given out of the estate of a deceased or insolvent person."
      ],
      "topics": [
        "business",
        "finance",
        "law"
      ]
    }
  ],
  "word": "privileged debt"
}

{
  "forms": [
    {
      "form": "privileged debts",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "privileged debt (plural privileged debts)",
      "name": "en-noun"
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  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
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        "English countable nouns",
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        "English multiword terms",
        "English nouns",
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        "en:Finance",
        "en:Law"
      ],
      "glosses": [
        "A debt to which a preference in payment is given out of the estate of a deceased or insolvent person."
      ],
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "finance",
          "finance#Noun"
        ],
        [
          "debt",
          "debt"
        ],
        [
          "estate",
          "estate"
        ],
        [
          "deceased",
          "deceased"
        ],
        [
          "insolvent",
          "insolvent"
        ]
      ],
      "raw_glosses": [
        "(law, finance) A debt to which a preference in payment is given out of the estate of a deceased or insolvent person."
      ],
      "topics": [
        "business",
        "finance",
        "law"
      ]
    }
  ],
  "word": "privileged debt"
}