Examlex
Radio-frequency identification RFID) is a location-aware system that transmits the identity in the form of a unique serial number) of an object or person using radio waves. It is used to track items in a supply chain or equipment in a production facility.
Voluntary Bankruptcy
The act of deliberately filing for bankruptcy by an individual or organization as a mechanism to address insurmountable debt.
Bankruptcy Petition
A formal request filed by an individual or business to declare bankruptcy, seeking protection from creditors.
Order for Relief
A court order that provides relief from certain types of legal obligations or protections in bankruptcy proceedings.
Chapter 7 Petition
A legal request filed in a bankruptcy court for relief under Chapter 7 of the United States Bankruptcy Code, resulting in liquidation of a debtor's assets.
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