chapter 7

British

noun

the statute regarding liquidation proceedings that empowers a court to appoint a trustee to operate a failing business to prevent further loss

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of chapter 7

C20: from chapter 7 of the Bankruptcy Reform Act (1978)

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Girardi was sued by his business partners, resulting in a chapter 7 bankruptcy petition.

From Fox News • Jul. 17, 2021

If your ex-spouse filed a chapter 7 bankruptcy and those debts were discharged by the courts, then the co-signer becomes responsible for those debts.

From Encyclopedia.com • Jun. 26, 2018

Sorry Gibson, keep the same awful quality control and you’ll be on the path of chapter 7.

From New York Times • Mar. 30, 2018

For a breakdown of how these time intervals are chosen and organized, see chapter 7.

From Textbooks • Jan. 1, 2017

Therefore the "fourth" kingdom represented by the terrible nondescript beast of chapter 7 is none other than the Roman.

From The Last Reformation by Smith, F. G. (Frederick George)

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023