business failure
business failure
(see failure) (Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • Business failure — Business Failure, or colloquially going out of business , refers to a company ceasing its operations following its inability to make a profit or to bring in enough revenue to cover its expenses.Some businesses fail early on. This can occur as a… …   Wikipedia

  • business failure — business unable to meet its debt obligations …   English contemporary dictionary

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  • failure — fail·ure n 1: omission of occurrence or performance; specif: a failing to perform a duty or expected action a failure to mitigate damages failure to prosecute 2: a lack of success or adequacy failure of a suit 3: a failing in business …   Law dictionary

  • failure — fail‧ure [ˈfeɪljə ǁ ər] noun 1. [countable, uncountable] COMMERCE a situation in which a business that is not successful has to close because it is losing money: • The Official Receiver recommended a detailed investigation into the reasons for… …   Financial and business terms

  • Business process improvement — (BPI) is a systematic approach to help an organization optimize its underlying processes to achieve more efficient results. The methodology was first documented in H. James Harrington’s 1991 book Business Process Improvement.[1] It is the… …   Wikipedia

  • Business Process Improvement — (BPI) is a systematic approach to help any organization optimize its underlying processes to achieve more efficient results. Overview The organization may be a for profit business, a non profit organization, a government agency, or any other… …   Wikipedia

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