phoenixism
phoenixism noun: the fraudulent practice of terminating a business as bankrupt while secretly using its assets to set up another business.
Noun
phoenixism (uncountable)
- The fraudulent practice of terminating a business as bankrupt while secretly using its assets to set up another business.
Origin of phoenixism
From phoenix + -ism, after the mythological bird that is resurrected from its own ashes.
Questions about phoenixism
- What does phoenixism mean?
- Phoenixism means the fraudulent practice of terminating a business as bankrupt while secretly using its assets to set up another business.
- What part of speech is phoenixism?
- Phoenixism is a noun.
Words near phoenixism in the dictionary
Source and license
Adapted from Wiktionary: phoenixism (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “phoenixism.” Word.ws, https://word.ws/phoenixism. Based on Wiktionary, CC BY-SA 4.0.
