Communication

4 relations: Bankruptcy, Corporate finance, Creditor, Debt restructuring.

Bankruptcy

Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors.

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Corporate finance

Corporate finance is the area of finance dealing with the sources of funding and the capital structure of corporations, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources.

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Creditor

A creditor is a party (for example, person, organization, company, or government) that has a claim on the services of a second party.

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Debt restructuring

Debt restructuring is a process that allows a private or public company, or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations.

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References

[1] https://en.wikipedia.org/wiki/Financial_distress

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