Chapter 11
or Chapter Eleven, Chapter XI
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noun U.S. Law.
a section of the Bankruptcy Code that provides for the reorganization of an insolvent corporation under court supervision and can establish a schedule for the payment of debts and, in some cases, a new corporation that can continue to do business.
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The rainy weather could not ________ my elated spirits on my graduation day.
Words nearby Chapter 11
chaps, Chap Stick, chaptalization, chaptalize, chapter, Chapter 11, Chapter 11 bankruptcy, chapter 7, chapter and verse, chapter book, chapter head
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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British Dictionary definitions for Chapter 11
chapter 11
noun
US the statute regarding the reorganization of a failing business empowering a court to allow the debtors to remain in control of the business to attempt to save itthey are in chapter 11
Word Origin for chapter 11
C20: from chapter 11 of the Bankruptcy Reform Act (1978)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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