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| | Operating profit. |
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| Inability to pay financial obligations as they fall due.
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| | ==See also== |
| | * [[Operating profit]] |
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| 2.
| | [[Category:Accounting,_tax_and_regulation]] |
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| Under 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.
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| In making this assessment, future income and future asset valuations are also taken into account.
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| == See also ==
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| * [[Company voluntary arrangement]]
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| * [[Cost of financial distress]]
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| * [[Creditors]]
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| * [[Insolvency practitioner]]
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| * [[Insolvency Service]]
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| * [[Scheme of arrangement]]
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| * [[Solvency]]
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| * [[Solvency II]]
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| * [[Statement of affairs]]
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Latest revision as of 14:39, 14 March 2018
Operating profit.
See also
