pre-packaged bankruptcy en · NOUN
Meanings
- (countable, uncountable) 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.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| pre-packaged bankruptcies | Number=Plur | lexicographic |
Synonyms
pre-pack · pre-packaged insolvency · quick bankruptcy · surgery