phoenixing
SayFEE-nik-sing/ˈfinɪksɪŋ/
- 1Present participle and gerund of phoenix. Use it after words like is or was, or to name the action.
The owners were phoenixing their building company to get out of paying its debts.
The tax office says the same family has been phoenixing businesses for years.
Note
- 2Gerund of phoenix. It names moving a business's property to a new company to avoid its debts.
Phoenixing leaves many small builders without pay.
The new law is meant to stop phoenixing in the building industry.
Note
Showing meanings only.
phoenixing is a form of phoenix
- Spelling
- phoenix → phoenixing: add -ing
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