dip
verb
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Definition of dip
(Entry 1 of 5)
dip
noun (1)Definition of dip (Entry 2 of 5)
dip
noun (2)Definition of dip (Entry 3 of 5)
dip
abbreviation (1)Definition of dip (Entry 4 of 5)
DIP
abbreviation (2)Definition of DIP (Entry 5 of 5)
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Other Words from dip
Verb
\
adjective
Synonyms for dip
Synonyms: Verb
douse (also dowse), duck, dunk, immerse, souse, sop, submerge, submerse
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Examples of dip in a Sentence
Verb
Use a ladle to dip some water out of the pot. dipping water from a well The sun dipped below the horizon. The road dips over the hill. I saw his head dip below the surface of the water.
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More Definitions for dip
DIP
abbreviationFinancial Definition of DIP
What It Is
Debtor in possession (DIP) refers to the status of a business that retains control of its assets and continues to operate while under the Chapter 11 bankruptcy reorganization process.
How It Works
Under Chapter 11 bankruptcy, a business files for protection from creditors while it reorganizes itself. Instead of granting the creditors' claims from liens and security interests in the business assets and allowing them to take possession, the bankruptcy court allows the business to retain ownership and control of specific assets. During that time, the business must prepare a reorganization plan that proposes a method, an amount, and a timeframe by which it will pay its creditors.
If granted debtor-in-possession status by petition to the bankruptcy court, the business may use assets of the business, including vehicles, equipment, and plant to continue operations. In practice, the continued operations allow the debtor in possession to reorganize, reposition itself, and improve its chances of re-paying creditors, even while all of its finances fall under the strict supervision of the bankruptcy court.
Why It Matters
Without use of its assets, a bankrupt business would not be able to operate. As a result, the company would be forced to layoff employees, which could easily to lead to loss of customers and revenues, and consequently the inability to repay creditors. Although debtor-in-possession status allows a bankrupt business to use its own assets to reorganize and repay creditors, at the same time it limits the freedom of such a business to leverage its assets with financing, for example, without the approval and supervision of the bankruptcy court.
Source: Investing Answers
dip
verb
English Language Learners Definition of dip
See the full definition for dip in the English Language Learners Dictionary
dip
verb
\
Kids Definition of dip
(Entry 1 of 2)
dip
nounKids Definition of dip (Entry 2 of 2)
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dip
transitive verb
\
Medical Definition of dip
(Entry 1 of 3)
dip
nounMedical Definition of dip (Entry 2 of 3)
DIP
abbreviationMedical Definition of DIP (Entry 3 of 3)
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