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单词 Chapter 7
释义 Chapter 7

Chapter 7 noun [U]

(Law )

in the US, a section of the law dealing with bankruptcy (= being unable to pay debts) that allows a court to take assets belonging to a company or a person which are then sold to pay their debts:

The firm has filed for (= applied for) Chapter 7 bankruptcy.

The case has been converted from Chapter 11 to Chapter 7.

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更新时间:2025/4/15 4:43:46