confirmation

noun

  • General legal English
  • Bankruptcy Law

Definitions of confirmation

  • the court order which makes the terms of the plan for repayment of debts binding in a Chapter 11, 12, or 13 bankruptcy proceeding under US law; the approval of a plan of reorganization by a bankruptcy judge

    The US Bankruptcy judge filed his confirmation of the company's plans to emerge from Chapter 11 bankruptcy.

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Phrase Bank for confirmation