Business terms and jargon explained. Your business dictionary

What is Bankrupt

Insolvent - unable to pay creditors and having all goods/effects administered by a liquidator or trustee and sold for the benefit of those creditors; as a result of an order under the Insolvency Act 1986.

Crown Copyright. Material taken from Her Majesty's Courts Service (HMCS) website. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Continuous Supply Of Goods Business Objects SERP VRN
Narrowband Liquidity Affiliate Marketing Accrual Accounting
Fixed Cost N9B Civil Court form Autoregressive WOWGR
Deep pockets Magistrates court Privacy statement Joint Venture
Warrant of detention N235 Civil Court form Barter Pro forma
Land Registry Power of Attorney Banana Problem Relative Cost
Suppressio veri committal Blue-collar worker Unitholder
National debt Trial bundles learning curve TQ
Inti In pleno DTI system Unissued stock
Assignor Writ of venire de novo Merchant Bank Age Relief

Term created / updated 2008-06-12 12:03:24

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.