Chapter 10

Dictionary Says

Definition of 'Chapter 10'


A type of corporate bankruptcy filing in the U.S. Chapter 10 bankruptcy is restricted to corporate debtors, and is intended for situations where a major restructuring or reorganization is necessary. However, it is not available in cases where a Chapter 11 bankruptcy filing would suffice.

Investopedia Says

Investopedia explains 'Chapter 10'


In a Chapter 10 bankruptcy, management is displaced, and a court-appointed manager or trustee oversees the reorganization or restructuring process. This is generally not the case in a Chapter 11 filing. As well, because it is relatively simpler, a Chapter 11 bankruptcy filing is preferred over a Chapter 10 by debtors and their lawyers, and creditors.

comments powered by Disqus
Hot Definitions
  1. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  2. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  3. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  4. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  5. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  6. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
Trading Center