Examlex
Market making involves creating a primary market in a financial asset.
Bankruptcy Proceeding
A legal process through which individuals or businesses that are unable to repay debts can seek relief from some or all of their obligations.
Environmental Impact Statement
A document prepared to describe the effects proposed projects will have on the environment, used to guide decision-making in project approval processes.
Chapter 11 Bankruptcy
A section of the United States Bankruptcy Code providing for reorganization, typically involving a corporation or partnership, under which a debtor proposes a plan to keep its business alive and pay creditors over time.
Debtor In Possession
A status in bankruptcy proceedings where the debtor maintains control of their property and business operations under court supervision.
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