/trʌsˈtiː ɪn ˈbæŋkrəpsi/ – Phrase
Definition: người quản lý tài sản xử lý nợ trong vụ phá sản.
A more thorough explanation: A trustee in bankruptcy is a person appointed by a bankruptcy court to oversee the administration of a bankruptcy estate. The trustee is responsible for managing the assets of the debtor, liquidating non-exempt assets, and distributing the proceeds to creditors in accordance with bankruptcy laws. The trustee acts as a fiduciary for the creditors and is tasked with ensuring that the bankruptcy process is conducted fairly and in accordance with the law.
Example: The trustee in bankruptcy is responsible for managing the assets of the debtor and distributing them to creditors in accordance with the law.