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 资深译员Laura,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,专注翻译各种与美国公司法规有关的法律文件。