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Definition of Chapter 11 noun from the Oxford Advanced Learner's Dictionary

Chapter 11

noun

/ˌtʃæptər ɪˈlevn/

/ˌtʃæptər ɪˈlevn/

[uncountable] (law)

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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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See Chapter 11 in the Oxford Advanced American Dictionary

Check pronunciation: Chapter 11

Nearby words

noun

From the Word list

C1

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