noun
Meaning 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.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
Topics: banking, business, finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided