Examlex
A person who is willing to take a bet with a negative expected value is risk-loving.
Chapter 7
A bankruptcy provision under U.S. law that involves the liquidation of a debtor's assets to pay off creditors.
Chapter 13
A portion of the U.S. Bankruptcy Code permitting individuals earning a steady income to devise a strategy for repaying their debts either in full or in part.
Liquidation Proceeding
A legal process in which a company's assets are sold off to pay creditors.
Chapter 7
A section of the United States Bankruptcy Code that involves the liquidation of a debtor's assets to pay off creditors.
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