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Financial Distress Costs
Expenses associated with a company’s financial distress, including bankruptcy costs, legal fees, and lost revenues.
Financial Distress
A situation where a company struggles to meet or has difficulty in paying off its financial obligations to creditors.
Debt/Equity Ratio
A measure indicating the proportional financing of assets via debt and shareholders' equity in a company.
Economic Bankruptcy
A situation where an entity cannot meet its financial obligations due to economic reasons, leading to insolvency.
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