Definition of Debtor in possession

1. Noun. (finance legal US) A natural person or corporation that has filed a bankruptcy petition, but remains in possession of property upon which a creditor has a lien or similar security interest. Such a business may continue to operate its business under Chapter 11 bankruptcy protection. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Debtor In Possession

debt-ridden
debt bondage
debt bondages
debt burden
debt ceiling
debt instrument
debt limit
debted
debtee
debtees
debtholder
debtholders
debtless
debtlike
debtor
debtor in possession (current term)
debtors
debtors in possession
debtour
debtours
debts
debuccalization
debuccalizations
debuccalize
debuccalized
debuccalizes
debuccalizing
debuff
debuffs
debug

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