debtor in possession
Word Rarity
Rare
Frequency: Zipf frequency 3.06 in modern English
23
Scrabble Score
18
Letters
4
Syllables
10
Unique Chars
Meaning
noun
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.
American usage
Usage
- American usage