creditors' committee

Definitions

Banking

  • noun
    (written as creditors’ committee)
    a group of creditors of a corporation which is being reorganised under chapter 11, who meet officials of the corporation to discuss the progress of the reorganisation

Economics

  • noun in the USA, a group of creditors of a corporation being reorganised under Chapter 11, who meet officials of the corporation to discuss the progress of the reorganisation
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