Financial distress: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add links.) |
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== See also == | == See also == | ||
* [[Bankruptcy]] | |||
* [[Cost of financial distress]] | * [[Cost of financial distress]] | ||
* [[Debt distress]] | * [[Debt distress]] | ||
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* [[Distressed]] | * [[Distressed]] | ||
* [[Distressed assets]] | * [[Distressed assets]] | ||
* [[Financial]] | |||
* [[Insolvency]] | * [[Insolvency]] | ||
* [[Interest cover]] | * [[Interest cover]] | ||
Latest revision as of 22:30, 11 March 2023
Corporate finance - borrowing - insolvency - bankruptcy.
Financial distress is a situation in which a borrower either:
- Cannot meet its debt servicing obligations; or
- Can only do so with difficulty.
Financial distress is an indication of a high risk of insolvency or bankruptcy.
