Business Terms and Jargon Explained

What is Winding up

This is a process under the Insolvency Act 1986, where a company ceases trading either voluntary or is ordered to by the UK courts. A liquidator would be appointed to disposes of the assets and collect money from the debtors to be distributed to the creditors, employees and shareholders. The company’s liquidation will be recorded at companies’ house on the register.

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Net Book Value Aggregate Supply Conditional Sale
FIO MD2 SAIL address
In pleno Balloon Payment Forwarding Agent
Continental Shelf N218 Civil Court form Summary Judgment
Supply Chain Company Law Ratio decidendi
Gross domestic product - GDP Charging Order Pro tanto
Ouguiya Declaration of incompatibility Shareholder agreement
Usury Term deposit Technical economies
Retail price Creative Commons Yearling
Net Assets Compensation Percentage Rent
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Insider selling Proprietor Balboa
Sub modo Re-Enlistment Bonus Inti

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

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