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Plan for reorganization
Глоссарий экономических терминов |
A plan for reorganizing a firm during the chapter 11 bankruptcy process.
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Bankruptcy, английский
- Банкротство. несостоятельность.
- Банкротство, состояние неплатежеспособности (невозможности выполнить обязательства) физического или юридического лица или юридические действия суда в отношении юридического или физического лица, не способного выполнять свои обязательства перед кредиторами
- Inability to pay debts. in bankruptcy of a publicly owned entity, the ownership of the firm`s assets is transferred from the stockholders to the bondholders.
- Legally declared unable to pay your debts. bankruptcy can severely impact your credit and your ability to borrow money.
- Bankruptcy describes the legal situation of a person not having enough money to pay his or her debts. if an employee is or becomes bankrupt then he or she may be obliged under the contract of employment to inform his or her employer of that fact. bankruptcy can also exclude people from certain jobs such as working for the government and many job application forms specifically ask whether or not a person is currently bankrupt. 6. bear/borne: to bear means to accept responsibility for something or to pay for something and appears in phrases such as ‘to bear a cost’. the word is often used in the passive form in contracts, for example, ‘all travel costs will be borne by the employer’.
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Monthly investment plan, английский
A plan in which a certain amount is invested each month in order to benefit from dollar cost averaging.
Baker plan, английский
A plan by former u.s. treasury secretary james baker under which 15 principal middle-income debtor countries (the baker 15) would undertake growth-oriented structural reforms, to be supported by increased financing from the world bank and continued lending from commercial banks.
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