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Meaning of pre-packaged bankruptcy | Babel Free

Noun CEFR B2

Definitions

A filing for bankruptcy by submitting to the court a virtually complete plan designed to avoid a protracted court-guided period of reorganization and debt restructuring.

countable, uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

pre-packaged insolvency pre-poo pre-portioning Pre-Pottery Neolithic Pre-Pottery Neolithic A Pre-Pottery Neolithic B

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