Examlex
Match the term with the appropriate definition or description:
-Provided grants and loans for the establishment of HMOs
Winding Up
The process of dissolving a company, involving the cessation of business operations, selling of assets, and distribution of proceeds to creditors and shareholders.
Negative Capital
occurs when a company's total liabilities exceed its total assets, indicating financial distress.
Balance
The amount of money currently in an account or owing on a debt, or the practice of equating debits and credits in bookkeeping.
Recovered
The process of regaining possession or control of something lost or stolen, or the return to a normal state of health, mind, or strength.
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