pre-packaged bankruptcy

Noun

Meaning

pre-packaged bankruptcy (countable and uncountable, plural pre-packaged bankruptcies)

(finance, banking) 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.

Source: en.wiktionary.org

Synonyms

surgery pre-packaged insolvency pre-pack quick bankruptcy

Close letter words and terms

pre-oxidation pre-pack pre-packaged pre-packaged insolvency pre-packages pre-packaging