Last Updated：2025/11/24

Dictionary quizzes to help you remember the meaning

Dictionary quizzes to help you remember the meaning

debtor in possession

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Source Word

debtor in possession

Noun

US

(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.

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

What is this buttons?

The debtor in possession negotiated with creditors to secure new financing to continue operations during the Chapter 11 reorganization.

Google Translation / DeepL Translation

破産を申請したが、債権者の担保権の対象となっている財産の占有を継続している個人または法人は、チャプター11の再建手続き中に事業を継続するための新たな資金を確保する目的で債権者と交渉した。

Sense（1）

(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.

debtors in possession

（ plural ）

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