| 词汇 | involuntary-bankruptcy |
| 释义 | involuntary bankruptcy noun[ U ] LAWukus a situation in which a business or a person becomes unable to pay their debts, and is made officially bankrupt after people who are owed money go to court to try to get some of their money back: The company was placed into involuntary bankruptcy, and assets were frozen. Compare voluntary bankruptcy Examples of involuntary bankruptcyinvoluntary bankruptcy With involuntarybankruptcy, creditors, rather than the debtor, file the petition in bankruptcy. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Ownership has changed multiple times over the years, including one involuntarybankruptcy petition with one of the previous owners. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The debtor may also choose to convert to another chapter from a 7 or 11 when forced into an involuntarybankruptcy. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. You see the old fox's been nosing around to get up a petition to throw me into involuntarybankruptcy, but he can't find any creditors. From Project Gutenberg These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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