Business failure
A business that has terminated with a loss to creditors. |
Similar financial terms
Business cyclesThe patterns of fluctuation in growth patterns experienced by business caused by overall econimoc and financial trends, competitive forces and the nature of supply and demand. Cycles are predictable in patterns but not always in durations.
Business ethics
The application of moral standards to business situations.
Basic business strategies
Key strategies a firm intends to pursue in carrying out its business plan.
Business cycle
Repetitive cycles of economic expansion and recession.
Business risk
The risk that the cash flow of an issuer will be impaired because of adverse economic conditions, making it difficult for the issuer to meet its operating expenses.
International Business Company (IBC)
An IBC is a corporation formed (incorporated) under a Company Act of a tax haven, but not authorized to do business within that country of incorporation; intended to be used for global operations. Owned by member(s)/shareholder(s). Has the usual corporate attributes.
Design Failure Mode and Effects Analysis (DFMEA)
An analytical technique used by a design responsible engineer/team as a means to assure, to the extent possible, that potential failure modes and, their associated causes/mechanisms have been considered and addressed.
