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Your Favorite Business Bankruptcy/Restructuring Lingo?

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One more quick poll: off the top of your head, what lingo/cryptic terms do business bankruptcy professionals use regularly that are important to understanding the operation of the system in the real world (e.g., DIPs, cramdown, roll-ups, carve-out, stalking horse)? We talk about lingo in the basic bankruptcy class, but I want students to engage more with the concepts in the advanced class. Please list the first ones that come to your mind in the comments; you are also welcome to use bankruptcyprof@gmail.com.

Thanks, in advance, for your helpful feedback! 


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