Examlex
The economic value of the knowledge, experience, skills, and capabilities of employees refers to personal capital.
Financial Restructuring
The reorganization of a company's financial structure, which may involve changing the mix of debt and equity to improve financial stability.
Distressed Firm
A company struggling financially and unable to meet its debt obligations.
Bankruptcy and Insolvency Act
A legal statute governing bankruptcy and insolvency proceedings in a jurisdiction, aimed at providing a fair settlement for creditors and relief for financially distressed individuals or businesses.
Reorganization
The process of restructuring a company's business or financial affairs, typically during financial distress, to increase efficiency or restore solvency.
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