Definition of Chapter 11 in English:

Chapter 11

noun

mass nounUS

Protection from creditors given to a company in financial difficulties for a limited period to allow it to reorganize.
〈美〉破产重组保护
it was the fourth airline to go into Chapter 11 since December
Example sentencesExamples
- A few months later, it filed for Chapter 11 and moved its base of operations to Colorado.
- I suddenly realized I was about to make the same mistake that had led me into Chapter 11.
- Chapter 11 is solely evidence that management made wrong investment decisions.
- Often companies wait too long to file for Chapter 11, because most managers see it as a failure.
- But worries about the high cost of bankruptcy have kept some companies out of Chapter 11.

Origin

With allusion to chapter 11 of the US bankruptcy code.

Definition of Chapter 11 in US English:

Chapter 11

noun

Protection from creditors given to a company in financial difficulties for a limited period to allow it to reorganize.
〈美〉破产重组保护
it was the fourth airline to go into Chapter 11 since December
Example sentencesExamples
- Often companies wait too long to file for Chapter 11, because most managers see it as a failure.
- I suddenly realized I was about to make the same mistake that had led me into Chapter 11.
- Chapter 11 is solely evidence that management made wrong investment decisions.
- A few months later, it filed for Chapter 11 and moved its base of operations to Colorado.
- But worries about the high cost of bankruptcy have kept some companies out of Chapter 11.

Origin

With allusion to chapter 11 of the US bankruptcy code.

词汇	Chapter 11
释义	Definition of Chapter 11 in English: Chapter 11 noun mass nounUS Protection from creditors given to a company in financial difficulties for a limited period to allow it to reorganize. 〈美〉破产重组保护 it was the fourth airline to go into Chapter 11 since December Example sentencesExamples A few months later, it filed for Chapter 11 and moved its base of operations to Colorado. I suddenly realized I was about to make the same mistake that had led me into Chapter 11. Chapter 11 is solely evidence that management made wrong investment decisions. Often companies wait too long to file for Chapter 11, because most managers see it as a failure. But worries about the high cost of bankruptcy have kept some companies out of Chapter 11. Origin With allusion to chapter 11 of the US bankruptcy code. Definition of Chapter 11 in US English: Chapter 11 noun US Protection from creditors given to a company in financial difficulties for a limited period to allow it to reorganize. 〈美〉破产重组保护 it was the fourth airline to go into Chapter 11 since December Example sentencesExamples Often companies wait too long to file for Chapter 11, because most managers see it as a failure. I suddenly realized I was about to make the same mistake that had led me into Chapter 11. Chapter 11 is solely evidence that management made wrong investment decisions. A few months later, it filed for Chapter 11 and moved its base of operations to Colorado. But worries about the high cost of bankruptcy have kept some companies out of Chapter 11. Origin With allusion to chapter 11 of the US bankruptcy code.
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