请输入您要查询的英文单词:

 

单词 Chapter 11
释义

Definition of Chapter 11 in English:

Chapter 11

noun
mass nounUS
  • Protection from creditors given to a company in financial difficulties for a limited period to allow it to reorganize.

    it was the fourth airline to go into Chapter 11 since December
    Example sentencesExamples
    • A few months later, it filed for Chapter 11 and moved its base of operations to Colorado.
    • I suddenly realized I was about to make the same mistake that had led me into Chapter 11.
    • Chapter 11 is solely evidence that management made wrong investment decisions.
    • Often companies wait too long to file for Chapter 11, because most managers see it as a failure.
    • But worries about the high cost of bankruptcy have kept some companies out of Chapter 11.

Origin

With allusion to chapter 11 of the US bankruptcy code.

 
 

Definition of Chapter 11 in US English:

Chapter 11

noun
US
  • Protection from creditors given to a company in financial difficulties for a limited period to allow it to reorganize.

    it was the fourth airline to go into Chapter 11 since December
    Example sentencesExamples
    • Often companies wait too long to file for Chapter 11, because most managers see it as a failure.
    • I suddenly realized I was about to make the same mistake that had led me into Chapter 11.
    • Chapter 11 is solely evidence that management made wrong investment decisions.
    • A few months later, it filed for Chapter 11 and moved its base of operations to Colorado.
    • But worries about the high cost of bankruptcy have kept some companies out of Chapter 11.

Origin

With allusion to chapter 11 of the US bankruptcy code.

 
 
随便看

 

英语词典包含464360条英英释义在线翻译词条,基本涵盖了全部常用单词的英英翻译及用法,是英语学习的有利工具。

 

Copyright © 2004-2022 Newdu.com All Rights Reserved
更新时间:2025/1/9 18:51:49