phoenix
To transfer assets from one company to another to dodge liabilityTo transfer assets from one company to another to dodge liability
Meaning
1 senses(Australia)To transfer assets from one company to another to dodge liability
Origin
From Old English and Old French fenix, from Medieval Latin phenix, from Latin phoenīx, froFrom Old English and Old French fenix, from Medieval Latin phenix, from Latin phoenīx, from Ancient Greek φοῖνιξ (phoînix), from Egyptian b-n:nw*w-G31 (bnw, “grey heron”). Doublet of Bennu. The grey heron was venerated at Heliopolis and associated in Egypt with the cyclical renewal of life because the bird rises in flight at dawn and migrates back every year in the flood season to inhabit the Nile waters.
Wiktionary, CC BY-SA 4.0 · source
Forms
phoenixes, phoenixing, phoenixed, phoenixedLessons for this word
3 lessons- A1Present simple — Because it is a verb
- A1Past simple, regular verbs — Because of its past form
- A2Present perfect: introduction — Because of its past participle
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.