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Từ vựng:

warrant in bankruptcy

Giải nghĩa:

/ˈwɒrənt ɪn ˈbæŋkrəptsi/ – Phrase


Definition: lệnh tiến hành xử lý nợ trong vụ phá sản.

A more thorough explanation: In the context of bankruptcy law, a warrant refers to a court order issued by a bankruptcy judge authorizing the seizure or sale of a debtor’s property to satisfy a debt owed to a creditor. The warrant allows the creditor to take specific actions to enforce their claim against the debtor’s assets as part of the bankruptcy proceedings.

Example: A warrant in bankruptcy is a court order authorizing the seizure of certain assets belonging to the debtor to satisfy outstanding debts to creditors.

 

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