| 单词 | involuntary bankruptcy |
| 释义 | involuntary bankruptcy noun[U] LAWukusasituationin which abusinessor apersonbecomesunabletopaytheirdebts, and is madeofficiallybankruptafterpeoplewho areowedmoneygo tocourttotryto get some oftheirmoneyback: Thecompanywasplacedintoinvoluntarybankruptcy, andassetswerefrozen. Compare voluntary bankruptcy Examplesofinvoluntary bankruptcyinvoluntary bankruptcy Withinvoluntarybankruptcy, 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 oneinvoluntarybankruptcypetition 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 aninvoluntarybankruptcy. 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 intoinvoluntarybankruptcy, but he can't find any creditors. FromProject 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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