Meaning of BANKRUPTCY COST in English
- BANKRUPTCY COST
additional costs and troubles a firm must face when its potential bankruptcy looms
eg: lenders would demand higher interest rate, key employees jump ship , customers seek more stable suppliers if potential bankruptcy looms.
Sean Woo's Finance, GIS and real estate English glossary. Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance. 2012