Business terms and jargon explained. Your business dictionary
What is Zombies
Companies that continue operation while they await merger or closure, even though they are insolvent or on the verge of running into bankruptcy.
This is used to refer to companies that are about to close or become insolvent. The company is still operational and is trading.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.