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prepack

The correct spelling is prepack.

How to pronounce prepack

noun

Say it like: Pre-pak

The correct spelling is prepack. A bankruptcy procedure in which a restructuring plan is agreed before the company declares itself insolvent.

Usage Examples

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Meanings

noun

  1. 1.A bankruptcy procedure in which a restructuring plan is agreed before the company declares itself insolvent.

verb

  1. 1.To pack in advance.

Similar words

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