debtor in possession

noun

Definitions

  1. A natural person or corporation that has filed a bankruptcy petition, but remains in…

    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.

The neighborhood

Vish — recursive loop

No curated loop yet for debtor in possession. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA