| 释义 |
debtor in possession financing Debtor-in-Possession FinancingFinancing made available to a debtor in possession, which is a company that maintains its operations during a Chapter 11 bankruptcy. A debtor in possession is generally attempting to fulfill its reorganization plan, discharging certain debts and changing any structural weaknesses to put it on a path to profitability. A company often requires financing in order to restructure, and DIP financing enables it to do so.debtor in possession financing Financing arranged during the time a company is in Chapter 11 bankruptcy. |