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词汇 debtor-in-possession-financing
释义 debtor-in-possession financing
noun[ U ]
ukus(abbreviationDIP financing)
FINANCE
in the US, a financial arrangement in which a company that cannot pay its debts is given a loan so that it can continue to own and control its own assets and continue trading:
Debtor-in-possession financing is intended to give companies the time and resources they need to be successful in the future.
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