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.

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Acquisition Hardening - Systems Capital Gains
Intermediate Output Export Gaming Duty
Vertically integrated Nominated court Call Back Pay
Cestui que trust Pilot Operation Giffen goods
Security for Loans Astute Res gestae
Redemption TOMS Gross Estate
Walking Possession Narrowband Market share
Supply Chain Pessimist Quartile
Market equilibrium Executive Agency Elephant Hunt
N161 Civil Court form Stock Exchange Subscribers
Management Audit Long Term Debt Adware
GTC The Crown Deficit
Affiliate Place Of Supply Balancing Charge

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

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