Meaning Of The Word Chapter 11
What's the definition of Chapter 11? Find Chapter 11 meanings, definitions and more at the Real Dictionary online.
Chapter 11 Meaning
| Chapter 11 Definition |
|---|
What's The Definition Of Chapter 11?
chapter 11 in American English
a proceeding under the Federal Bankruptcy Act whereby a company or corporation may, through a court order, remain in business for a time as long as it pays current debts, but must eventually reorganize and pay its creditors or cease operations noun: a section of the Bankruptcy Code that provides for the reorganization of an insolvent corporation under court supervision and can establish a schedule for the payment of debts and, in some cases, a new corporation that can continue to do business chapter 11 in British English noun: the statute regarding the reorganization of a failing business empowering a court to allow the debtors to remain in control of the business to attempt to save it |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Turpentine ‐ the brownish-yellow, sticky, semifluid oleoresin…
- Northwesterner ‐ noun: a native or inhabitant of the…
- Gopi ‐ plural noun: female cowherds, lovers of Krishna…
- Twilight hours ‐ noun: the period in which there occurs soft diffused…
- RRM ‐ abbreviation
- Bear's-foot ‐ noun: either of two Eurasian hellebore plants…
- Fringing reef ‐ a coral reef growing outward from the shore with…
- Hastate ‐ having a triangular shape like a spearhead, as…
- Process heating ‐ noun: Process heating is heating, usually from…
- Lambeth Conference ‐ noun: a convention of the bishops of the Anglican…