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Definitions of Giftedness Are Shaped to a Large Extent by

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Definitions of giftedness are shaped to a large extent by


Definitions:

Voluntary Petition

A document filed by an individual or business to declare bankruptcy voluntarily.

Chapter 7

A provision in the United States bankruptcy code allowing for the liquidation of a debtor's assets to pay off creditors.

Secured Creditors

Creditors who have a legal claim to a debtor's assets as collateral for a debt, giving them a priority position over unsecured creditors in case of bankruptcy.

Liquidation Bankruptcy

A bankruptcy procedure where a debtor's assets are sold off to pay creditors, typically under Chapter 7 in the United States.

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