Last Updated：2025/11/24
(finance, law, 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.
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debtor in possession
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Source Word
debtor in possession
Noun
US
Japanese Meaning
破産申立てを行ったにもかかわらず、債権者に担保権（またはこれに類する権利）が設定されている資産を保持し、Chapter 11 破産保護のもとで事業を継続する個人または法人
（ plural ）
