Methods and standards / Concept Glossary / Bankruptcy
Concept selected: Bankruptcy
Definition
Bankruptcy is a legal situation in which that individual or company may find itself when it is unable to pay its debts.Notes
Bankruptcy may be current or imminent; the latter case occurs when the debtor foresees that s/he will not be able to fulfil her/his obligations regularly and punctually.Source
Surveys Mercantile Companies and Bankruptcy ProceedingsTopic
Statistical operations
(links to the Inventory of Statistical Operations)Concepts associated
-
There are no related concepts