Business Terms and Jargon Explained

What is Bankruptcy

This is when an individual is unable to pay his/her debts and the debtors have petitioned a court to serve a bankruptcy order on the individual. An official receiver is appointed to look into the affairs of the individual and their assets are realised and distributed among the debtors. The equivalent course of action for companies is liquidation.

<- 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   

Community Acquis AVTUR N235 Civil Court form
HTML Value added tax (VAT) Objective
Write off Direct Costs Consultancy agreement
Collateralised Transactions Tender Exempt Input Tax
Drawings Patent Pools Yankee
Licensed Premises Tax Month Special Commissioner
Franchise Court Public Domain
Conditional discharge Duopoly- Estimation Procedure
Kuna Capital Goods Scheme Just in Time (JIT)
Genesis block Brute force Labour
Trial bundles Mutual Linking Agreement Global Accounting
Venture Capital Profit Center EMEAR
UK Intellectual Property Office HR Registry

Term created / updated 2005-07-16 23:12:15

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.