Business Terms and Jargon Explained

What is Insolvency

This occurs when individuals or businesses do not have enough assets to cover their debts, or are unable to pay their debts when the debts become due.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Emolument N16A Civil Court form Job-ready
Bonded Warehouse Retained earnings Overdraft
Interest rate risk EPC Non-Resident
Information Assets BOGOFF Valuation reserve
Not negotiable Institutional Sector 24/7/365
Applet Public company or public limited company Gaming Duty
Lessee Risk Reversal MIME
Sub nomine Balboa Bad Debt Relief
Taka Published Accounts Kyat
DNS Alimony Call Option
Sub-Division Company Car Default risk
EBITDA UK Intellectual Property Office Institutional Unit
Trade Debtors Ethernet Employment contracts

Term created / updated 2006-12-14 23:58:41

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