Business Terms and Jargon Explained

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

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   

Treeware PRODCOM Home Bias
Quantum BILL OF SALE IDE
Payee Medium of exchange High Risk CAP Goods
Adler32 Dialup N260 Civil Court form
Nominal wage flexibility Adjournment Raw Materials
Operating profit Surplus Blue Sky Thinking
Charities Eminant Domain Artificial Intelligence
Payroll Equal opportunities policy Quality circles
Process Housing claim Certified Documents
Free on board Trade Debtors Pilot Operation
Information Commissioner Cuba Clause Id est (i.e.)
Concentration ratio Per curiam Capital Goods Scheme
Gaap Gross interest Non-Status Mortgage

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.