gap period
gap period
the period between the filing of an involuntary petition and the dismissal of the petition, the entry of an order for relief or the filing of a voluntary petition (whatever the outcome) (Glossary of Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • gap period — USA The period between the filing of an involuntary petition and the granting of relief. During this time, a debtor may continue operating its affairs and assets as though the involuntary petition had not been filed and enjoys the protections of… …   Law dictionary

  • Gap — or The Gap may refer to:General* Gap (clothing retailer), a chain of retail clothing stores * Gap (ecology), a spacing between large trees in a forest * Gap (landform), a mountain pass, often carved by a river * Gap year, a prolonged period… …   Wikipedia

  • gap — W2S2 [gæp] n ▬▬▬▬▬▬▬ 1¦(a space)¦ 2¦(difference)¦ 3¦(something missing)¦ 4¦(in time)¦ 5¦(in a mountain)¦ 6 gap in the market ▬▬▬▬▬▬▬ [Date: 1300 1400; : Old Norse; Origin: hole, deep narrow valley ] …   Dictionary of contemporary English

  • gap — [ gæp ] noun count *** 1. ) a space or opening in the middle of something or between things: Fill in any gaps around windows and doors. gap between: Through the gaps between the trees I could see a river in the distance. gap in: We waited for a… …   Usage of the words and phrases in modern English

  • gap year — noun A year spent by a student between school and university doing non academic activities such as voluntary work abroad • • • Main Entry: ↑gap * * * gap year UK US noun [countable] [singular gap year plural …   Useful english dictionary

  • Gap Connah's Quay F.C. — gap Connah s Quay Nomads Full name gap Connah s Quay Nomads Football Club Nickname(s) The Nomads Founded 1946 (as Connah s Quay Juniors) …   Wikipedia

  • Gap creationism — (also known as Ruin Restoration creationism, Restoration creationism, or the Gap Theory ), is a form of Old Earth creationism that posits that the six day creation, as described in the Book of Genesis, is historically accurate and involved… …   Wikipedia

  • gap year — ► NOUN ▪ a period, typically an academic year, taken by a student as a break from education between leaving school and starting a university or college course …   English terms dictionary

  • gap — A term used by technicians to describe a jump or drop in prices; i.e., prices skipped a trading range. Gaps are usually filled at a later date. The CENTER ONLINE Futures Glossary (1) As a measurement of exposure to interest rate risk, the amount… …   Financial and business terms

  • Gap year — A gap year (also known as year out , year off , deferred year , bridging year , overseas experience , time off and time out ) is a term that refers to a prolonged period (often, but not always, a year) between a life stage. The most popular gap… …   Wikipedia

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