follow Dictionary.com

Is Tuesday named for a one-handed god?

Chapter 11

noun, U.S. Law.
1.
a section of the Bankruptcy Code that provides for the reorganization of an insolvent corporation under court supervision and can establish a schedule for the payment of debts and, in some cases, a new corporation that can continue to do business.
Also, Chapter Eleven, Chapter XI.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
British Dictionary definitions for Chapter 11

chapter 11

noun
1.
(US) the statute regarding the reorganization of a failing business empowering a court to allow the debtors to remain in control of the business to attempt to save it: they are in chapter 11
Word Origin
C20: from chapter 11 of the Bankruptcy Reform Act (1978)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for Chapter 11

Few English speakers likely know this word

Word Value for Chapter

14
15
Scrabble Words With Friends