bankruptcy
A proceeding in a federal court in which an insolvent debtor's assets are liquidated and the debtor is relieved of further liability. Chapter 7 of the Bankruptcy Reform Act deals with liquidation, while Chapter 11 deals with reorganization.
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fraudulent trading
order of discharge
credit derivative (CD)
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disqualification order
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asset deficiency
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order of discharge
credit derivative (CD)
workout arrangement
deed of arrangement
disqualification order
fractional reserve system (FRS)
non-dischargeable debt
official receiver
act of bankruptcy
protective trust
pyramiding
asset deficiency
automatic stay
scheme of arrangement
secured creditor
capital reorganization
Standard & Poor's Ratings
catastrophic loss
statement of affairs
Chapter 13
sui juris
continuity of life doctrine
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