Business Terms and Jargon Explained

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.

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Lamfalussy Intra Vire Open Economy
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Negative equity Fleur de Coin VCU
N161 Civil Court form Headhunter IMHO
Close company N9 Civil Court form Copycat packaging
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Term created / updated 2005-07-22 23:11:16

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