(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
Line 1: |
Line 1: |
| 1.
| | ''Corporate finance''. |
|
| |
|
| Inability to pay financial obligations as they fall due.
| | The same as costs of financial distress. |
| | |
| | |
| 2. ''UK law''.
| |
| | |
| The inability of a company - on a balance of probabilities - to meet all of its existing, prospective and contingent liabilities, taking account of future costs and of future interest obligations.
| |
| | |
| In making this assessment, future income and future asset valuations are also taken into account.
| |
|
| |
|
|
| |
|
| == See also == | | == See also == |
| * [[Balance sheet insolvent]]
| |
| * [[Bankruptcy]]
| |
| * [[Cash flow insolvent]]
| |
| * [[Chapter 11]]
| |
| * [[Company voluntary arrangement]]
| |
| * [[Corporate Insolvency and Governance Act]]
| |
| * [[Cost of financial distress]] | | * [[Cost of financial distress]] |
| * [[Creditors]]
| | * [[Insolvency]] |
| * [[Individual Voluntary Arrangement]]
| |
| * [[Insolvency Act]] | |
| * [[Insolvency costs]]
| |
| * [[Insolvency practitioner]]
| |
| * [[Insolvency Service]]
| |
| * [[Liquidity]]
| |
| * [[London Approach]]
| |
| * [[Scheme of arrangement]]
| |
| * [[Solvency]]
| |
| * [[Solvency II]]
| |
| * [[Statement of affairs]]
| |
| * [[Voluntary liquidation]]
| |
| | |
| [[Category:Long_term_funding]]
| |
| [[Category:Compliance_and_audit]]
| |
| [[Category:Manage_risks]]
| |
| [[Category:Treasury_operations_infrastructure]]
| |
Revision as of 15:24, 22 August 2013
Corporate finance.
The same as costs of financial distress.
See also