Financial Terms Glossary

Chapter 11


A section of the US bankruptcy code that details procedures allowing companies to reorganise their businesses when faced with crippling debt. Management continues to run the day-to-day business operations but all significant business decisions must be approved by a bankruptcy court.


A US term. Everything's gone wrong - the company has massive debts and the game is lost. However, someone calls 'time out' and the world seems to change - creditors have to wait while sensible people seek real solutions. In the middle of the madness, it's a US bankruptcy code section that allows constructive time to try to resolve impossible financial problems.

What we do

At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

By adopting the Shark approach you will fundamentally transform conversations with new and existing customers, close more business, and differentiate from the competition.
Find out how

We'd love to hear from you!

+44 (0)1256 338635
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK