Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb Simple past tense and past participle of
prepackage . - adjective That has been
packaged prior to being sold
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adjective prepared and wrapped beforehand and ready for sale
Etymologies
Sorry, no etymologies found.
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Examples
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KING: And, Ali, you hear this term prepackaged bankruptcy, that GM has been working on this, along with the administration's auto task force.
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After deciding to try to eliminate the additives and chemical preservatives in prepackaged foods from our meals, I turned back to the simple, economical recipes that my mother used.
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If GM and Chrysler pursue the administration's bankruptcy plan, as most of the two auto makers 'insiders now expect, the process most likely wouldn't involve what is often called a prepackaged bankruptcy.
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One person close to the situation said Hostess, if it decided to file, would try for a so-called prepackaged bankruptcy that had advanced support from creditors and limited the company's stay in court.
Hostess Again Hires Advisers Mike Spector 2011
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In that scenario, Lee would aim to file a so-called prepackaged bankruptcy that would have enough support from creditors to get a reorganization plan approved quickly and limit its stay under Chapter 11 court protection, the people said.
Lenders Back Publisher Lee's Debt-Exchange Plan Mike Spector 2011
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MGM ultimately declared a so-called prepackaged bankruptcy that satisfied creditors and put its control in the hands of the founders of Spyglass Entertainment.
Icahn in a Truce with Lions Gate, Agrees to Sell Shares Maxwell Murphy 2011
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But after months of research, including analysis done by top bankruptcy advisers, the company has come to believe it could emerge from what is known as a prepackaged bankruptcy, said the person familiar with the matter.
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The company is considering a so-called prepackaged bankruptcy, in which the company's creditors agree to a bankruptcy plan even before the filing in hopes of limiting the amount of time the company is in bankruptcy and helping improve the company's prospects upon emergence.
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You know, and I think you might see some political consensus around what they're describing as a prepackaged bankruptcy where you would have the companies going to Chapter 11 with all of the power that gives the company versus its creditors.
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What about the idea of the so-called prepackaged bankruptcy?
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