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词汇 chapter-7
释义 Chapter 7
noun[ U ]
ukus
LAW, FINANCE
a part of the US law dealing with bankruptcy in which a person or company's property may be taken by a court and sold in order to pay back debts to the creditors (= the people who are owed money):
They filed for Chapter 7 bankruptcy.
A Chapter 7 bankruptcy case does not involve filing a plan of repayment, as is the case with Chapter 13.
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