PHOENIXISM

Etymology

Noun

phoenixism (uncountable)

The fraudulent practice of terminating a business as bankrupt while secretly using its assets to set up another business.

Source: Wiktionary

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Word of the Day

18 November 2024

AWRY

(adjective) not functioning properly; “something is amiss”; “has gone completely haywire”; “something is wrong with the engine”

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