Financial distress costs

Legal and administrative costs of liquidation or reorganization. Also includes implied costs associated with impaired ability to do business ( indirect costs). The New York Times Financial Glossary

Financial and business terms. 2012.

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  • financial distress costs — Legal and administrative costs of liquidation or reorganization. Also includes implied costs associated with impaired ability to do business ( indirect costs). Bloomberg Financial Dictionary …   Financial and business terms

  • Financial distress — is a term in Corporate Finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. Sometimes financial distress can lead to bankruptcy. Financial distress is usually associated with some… …   Wikipedia

  • financial distress — The situation in which the activity of a business is influenced by the possibility of impending insolvency. The costs of distress can be divided into those related to bankruptcy and those incurred without bankruptcy. The costs of bankruptcy are… …   Accounting dictionary

  • financial distress — The situation in which the activity of a business is influenced by the possibility of impending insolvency. The costs of distress can be divided into those related to bankruptcy and those incurred without bankruptcy. The costs of bankruptcy are… …   Big dictionary of business and management

  • Financial Distress — A condition where a company cannot meet or has difficulty paying off its financial obligations to its creditors. The chance of financial distress increases when a firm has high fixed costs, illiquid assets, or revenues that are sensitive to… …   Investment dictionary

  • direct costs of financial distress — Costs such as fees or penalties incurred as a result of bankruptcy or liquidation proceedings. Bloomberg Financial Dictionary …   Financial and business terms

  • distress — dis‧tress [dɪˈstres] noun [uncountable] LAW when someone s goods are taken with the permission of a court of law so that they can be sold to pay unpaid rent, bills etc: • The corporation had a power of absolute and immediate distress in the event …   Financial and business terms

  • Distress In cancer caregiving — An informal or primary caregiver is an individual in a cancer patient’s life that provides unpaid assistance and cancer related care [1]. Due to the typically late onset of cancer, caregivers are often the spouses and/or children of patients, but …   Wikipedia

  • distress price — A low sales price offered by a seller in financial or operational difficulty. A distress price is often established in relation to a seller’s *fixed costs, which must be covered if a seller is to continue as a *going concern …   Auditor's dictionary

  • Bankruptcy Costs of debt — Within the theory of corporate finance, Bankruptcy Costs of Debt are the increased costs of financing with debt instead of equity that result from a higher probability of bankruptcy. The fact that bankruptcy is generally a costly process in… …   Wikipedia

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