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How to pronounce “debtor in possession”
Hear “debtor in possession” in real YouTube speech, then study definitions and example sentence snippets.
Pronunciation guide for debtor in possession
- Learning goal
- Practice the English pronunciation of debtor in possession with real speech in context.
- Available examples
- 0 YouTube examples
- Definition summary
- (finance, law, US) A natural person or corporation that has filed a bankruptcy petition, but remains in possession of property upon which a creditor has a lien or similar security interest. Such a business may continue to operate its business under Chapter 11 bankruptcy protection.
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A Deep Dive Into “debtor in possession”
Meaning
- [Noun]
- (finance, law, US) A natural person or corporation that has filed a bankruptcy petition, but remains in possession of property upon which a creditor has a lien or similar security interest. Such a business may continue to operate its business under Chapter 11 bankruptcy protection.
Practice Nearby Words
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Similar Sounds
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