单词 | debtor-in-possession financing |
释义 | debtor-in-possession financing debtor-in-possession financing noun [U] (abbr DIP Financing)
(Finance ) in the US, a type of loan that a company can get while it remains officially bankrupt (= unable to pay its debts): The $1.5 billion debtor-in-possession financing will allow the airline to continue operating in the event of a bankruptcy filing. |
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