What Is a Channel? The term “channel” may refer to a distribution system for businesses; or, in technical analysis, a trading range observed between support and resistance levels on a price chart. Key Takeaways The term “channel” may refer to a distribution system for businesses or a trading range between support and resistance on a
What Is Channeling? Channeling is a commercial insurance policy that insures employees and affiliated personnel under one policy, rather than requiring them to each have their own policy. It is a form of insurance that is associated with the healthcare industry. Key Takeaways Channeling is a type of commercial general liability that places employees and
What Is Channel Stuffing? Channel stuffing is a deceptive business practice used by a company to inflate its sales and earnings figures by deliberately sending retailers along its distribution channel more products than they are able to sell to the public. Channel stuffing typically would take place immediately prior to a reporting period such as
What Is Chapter 10? Chapter 10 was a type of corporate bankruptcy filing that was eventually retired due to its complexity. Chapter 10, originally known as “Chapter X,” listed the processes and procedures for bankruptcies involving corporations. It was used to determine whether a company merited reorganization and restoration to long-term viability or should be shut down
What Is Chapter 12? Chapter 12 is a category of bankruptcy in the United States that applies specifically to farms and fisheries. It allows proprietors of farms and fisheries to reorganize their finances and debts while still maintaining ownership of their assets. Generally, debtors in such cases work with a bankruptcy trustee and creditors to
What Is Chapter 13? Chapter 13 refers to a U.S. bankruptcy proceeding in which debtors undertake a reorganization of their finances under the supervision and approval of the courts. Individuals and married couples, even if self-employed or operating an unincorporated business, are eligible to file for Chapter 13 bankruptcy. As part of a Chapter 13
What Is Chapter 15 Bankruptcy? Chapter 15 is a section in the U.S. Bankruptcy Code that was added in 2005 to provide for cooperation between U.S. courts and foreign courts when foreign bankruptcy proceedings touch upon U.S. financial interests. The section was added in response to a United Nations recommendation for cooperation among nations on
What Is Chapter 7? Bankruptcy is a serious business, so you need to understand it clearly. Chapter 7 of Title 11 in the U.S. bankruptcy code controls the process of asset liquidation. A bankruptcy trustee is appointed to liquidate nonexempt assets to pay creditors; after the proceeds are exhausted, the remaining debt is discharged. There are eligibility requirements
What Is Chapter 9? Chapter 9 is a bankruptcy proceeding that provides financially distressed municipalities with protection from creditors by creating a plan between the municipality and its creditors to resolve the outstanding debt. Municipalities, as defined for Chapter 9 bankruptcy proceedings, include a wide variety of governmental entities such as cities, counties, townships, municipal
What Is a Character Loan? A character loan is a type of unsecured loan that is made because of the lender’s faith in the borrower’s reputation and credit. Borrowers are typically able to obtain only small loans by this method. If the borrower is unable to repay the loan, the bank will most likely encounter considerable difficulty
