Bedeutung von “bankruptcy proceedings” im englischen Wörterbuch

Business

“bankruptcy proceedings” im Business-Englisch

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bankruptcy proceedingsnoun [ plural ]

uk us

LAW, FINANCE the legal process of becoming officially bankrupt (= unable to pay what you owe):

The county emerged from bankruptcy proceedings in June.
The company has been under Chapter 11 bankruptcy proceedings since April, when it filed to reorganize for the second time in three years.

(Definition von “bankruptcy proceedings” aus dem Cambridge Wörterbuch Business-Englisch © Cambridge University Press)