Chapter 11
noun/ˌtʃæptər ɪˈlevn/
/ˌtʃæptər ɪˈlevn/
[uncountable] (law)- in the US, a section of the law dealing with bankruptcy (= being unable to pay debts), that allows companies to stop paying their debts in the normal way while they try to find a solution to their financial problems
- The company has filed for Chapter 11 bankruptcy protection.
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Chapter 11