phoenixed
SayFEE-nikst/ˈfinɪkst/
- 1Simple past and past participle of phoenix.
Investigators found the directors had phoenixed the business, moving its trucks and contracts into a new company the week before it went into liquidation.
Tradies across Queensland went unpaid after the builder phoenixed its operations into a fresh company.
Note
Australian business talk borrows the bird that rises from its own ashes: a company phoenixed by its directors dies with its liabilities while its assets rise again in a new one. The past form simply adds -ed, works in the passive (the firm was phoenixed), and takes into to name where the assets went: phoenixed its operations into a fresh company.
phoenixed is a form of phoenix
- Forms
- phoenixphoenixes he/she/itphoenixing -ing formphoenixed past tense, past participle
- Spelling
- phoenix → phoenixed: add -ed
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