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单词 Chapter 11
释义
  • English
  • American
  • Business

Chapter 11noun [ S ]

uk/ˈtʃæp.tər ɪˈlev.ən/us/ˈtʃæp.tɚ əˈlev.ən/

a legal process in the US by which a company, when it owes money that it cannot pay, can stay in business while it organizes itself in a new way and agrees to pay some debts over a period of time

Thesaurus: synonyms and related words

Success & failure in business

  • administration
  • axe
  • bankrupt
  • bankruptcy
  • branch
  • branch out
  • collapse
  • establish
  • fold
  • foreclose
  • liquidate
  • liquidator
  • locate
  • moribund
  • official receiver
  • organic growth
  • prosper
  • receivership
  • shut (sth) down
  • spin

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Chapter 11noun [ U ]

us/ˈtʃæp·tər ɪˈlev·ən/

law a legal process in the US by which a company, when it owes money that it cannot pay, can stay in business while it organizes itself in a new way and agrees to pay some debts over a period of time

Chapter 11noun [ U ]

ukus

LAW, FINANCE a part of the US law dealing with bankruptcy which protects companies from their creditors (= the people they owe money to) by allowing them extra time to improve their business before they have to pay back their debts:

The company filed for Chapter 11 bankruptcy protection after suppliers stopped shipments to its stores.
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更新时间:2024/12/23 14:19:22