Meaning of BANKRUPTCY COST in English


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.