| 释义 |
Chapter 11
noun[ 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（美国）破产法第十一章
SMART Vocabulary: related words and phrases
Success & failure in business
administration
axe
bankrupt
bankruptcy
be running on fumesidiom
belly
charter
dying
fold
go darkidiom
go into administration
go to the wallidiom
growth hacker
growth hacking
receiver
shut up shopidiom
sinking shipidiom
soft launch
spin something off
start (something) up
Chapter 11 | American Dictionary
Chapter 11
noun[ 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 11 | Business English
Chapter 11
noun[ 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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