gap periodglossary / GAP PERIOD gap period. Bankruptcy. The duration of time between the filing of an involuntary bankruptcy petition and the entry of the order for relief. — Often shortened to gap. [Cases: Bankruptcy 2281. C.J.S. Bankruptcy § 56.] 词条贡献者 译员Clara,毕业于国内知名法学院,擅长翻译有关建筑领域的法律文件。