prepackaged
C2CEFR level
75/100Rarity: rare
TechnicalRegister
Describing a bankruptcy reorganization plan negotiated with creditors before the formal filing to speed up court approval.
A prepackaged Chapter 11 let the retailer shed its debt and exit court protection within six weeks.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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