pre-packaged bankruptcy
noun
pre-pack·aged bankruptcy
prē-ˈpa-kijd-
: a bankruptcy plan that has been negotiated between the debtor and creditors prior to the debtor's filing for bankruptcy
Cite this Entry
“Pre-packaged bankruptcy.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/pre-packaged%20bankruptcy. Accessed 30 Jun. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share