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We found 3 dictionaries that define the word texas two-step:

General (2 matching dictionaries)
  1. Texas Two-Step: Wikipedia, the Free Encyclopedia
  2. Texas two-step: Wiktionary

Slang (1 matching dictionary)
  1. Texas Two-Step: Urban Dictionary

Definitions from Wiktionary (Texas two-step)

noun:  (law, business) A two-step bankruptcy strategy under US bankruptcy law in which a solvent parent company spins-off liabilities into a new company, and then has that new company declare bankruptcy.

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