Business Terms and Jargon Explained

What is Workout

When a company is in debt and has financial difficulty the creditor agrees to accept a lesser amount in full payment rather than make the company go bankrupt. This is of benefit to them, as they will receive less in these circumstances.

<- 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   

Gross value added - GVA Ancillary relief Carbon Tax
Deductible VAT Variable Rate Loan Interchange fee
Common Position - EU Anti harassment policy Trial contents
Pessimist Company Secretary Paradigm shift
TQ Tynwald End Use
Gross domestic product - GDP OEIC Prorogation
Cost of Capital Interest HTML
Enterprise Value Act Cryptography
Ogden tables Grant of representation National IP Crime Strategy
Aftershocks Group Registration Social justice
Clock sucker Hardball Bail
POS White-collar worker Sort code
Cost Unit In situ Annual exemption

Term created / updated 2006-10-31 00:52:04

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.