Financial Dictionary

This dictionary contains:
24549
financial terms

Creditor's Committee



Creditor's Committee

A group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty.

RELATED TERMS
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Group
A group generally includes a parent company and its subsidiaries, but it may also include affiliates.

Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.

Bankruptcy
The state of a person or firm unable to repay debts.



SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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Credit Standards
The guidelines a company follows to determine whether a credit applicant is creditworthy.

Credit Terms
The conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period.

Credit Union
A not-for-profit institution that is operated as a cooperative and offers financial services such as low-interest loans to its members.

Crediting rate
The interest rate offered on an investment type insurance policy.

Creditor
Lender of money.

Creditor's Committee

Creditworthiness
The condition in which the risk of default on a debt obligation by that entity is deemed low.

Creeping expropriation
The act of a government squeezing a project by taxes, regulation, access, or changes in law.

Creeping tender offer
The process by which a group attempting to circumvent certain provisions of the Williams Act gradually acquires shares of a target company in the open market.

Critical levels
Values of control parameters where the nature of a nonlinear dynamic system changes.

Cross
Securities transaction in which the same broker acts as agent for both sides of the trade; a legal practice only if the broker first offers the securities publicly at a price higher than the bid.

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This dictionary contains 24549 terms.


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