Definitions from Wiktionary (debtor in possession)
▸ 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.
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▸ 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.
Similar:
debtor,
debtorship,
debtholder,
repo man,
dead pledge,
privileged debt,
preferred creditor,
pawn,
debtors' prison,
bankruptcy,
more...
Opposite:
Phrases:
▸ Words similar to debtor in possession
▸ Usage examples for debtor in possession
▸ Idioms related to debtor in possession
▸ Wikipedia articles (New!)
▸ Words that often appear near debtor in possession
▸ Rhymes of debtor in possession
▸ Invented words related to debtor in possession