Examlex
A tendency to notice threats and to interpret other people's behavior as intended to cause harm is called
Declaration of Solvency
A statement made by the directors of a company declaring that they have assessed the company's financial situation and believe it can meet its financial obligations for the foreseeable future.
Statement of Affairs
A detailed financial report prepared typically in the process of liquidation, showing the assets and liabilities of a company at a specific date.
Charged Assets
Assets that are used as security or collateral for a loan or obligation, ensuring the lender has rights to the asset if the borrower defaults.
Secured Creditor
Someone who has a ‘charge’ over some or all of the company’s assets, to secure a debt owed by the company.
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