prepack
nounEtymology From pre- + pack.
1
Business A bankruptcy procedure in which a restructuring plan is agreed before the company declares itself insolvent.
verb, noun — 2 senses
Etymology From pre- + pack.
To pack in advance.
Etymology From pre- + pack.
Business A bankruptcy procedure in which a restructuring plan is agreed before the company declares itself insolvent.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.