Distressed: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Linked pages.) |
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== See also == | == See also == | ||
* [[Cost of financial distress]] | * [[Cost of financial distress]] | ||
* [[Debt distress]] | |||
* [[Default bias]] | |||
* [[Distressed assets]] | * [[Distressed assets]] | ||
* [[Financial distress]] | * [[Financial distress]] | ||
Latest revision as of 07:49, 23 September 2022
1. Corporate finance - borrowing - insolvency - bankruptcy.
In relation to a borrower or other organisation, being in a condition where the organisation either:
- Cannot meet its debt servicing or similar fixed payment obligations; or
- Can only do so with difficulty.
2. Securities - other assets.
Distressed assets are securities issued by, or assets owned by, a financially distressed organisation.
