pre-packaged bankruptcy

English dictionary entry

Meanings

noun
  1. A filing for bankruptcy by submitting to the court a virtually complete plan designed to avoid a protracted court-guided period of reorganization and debt restructuring.

Word forms

pre-packaged bankruptcy pre-packaged bankruptcies
This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.