|
|
Dictionary definition: bankruptcy
- Article from:
- A Dictionary of Economics
- Author:
Copyright© A Dictionary of Economics 2002, originally published by Oxford University Press 2002. (Hide copyright information)
|
bankruptcy
A legal arrangement to deal with the affairs of individuals unable to pay their debts. Bankruptcy proceedings may be started by the individual, or by unpaid creditors. The assets of a person adjudged bankrupt by a court are taken over by an official receiver and sold, the funds being used to repay creditors ...
Related newspaper, magazine, and journal articles:
|
|
Article: Omnimedical to redirect its future activities.
PR Newswire;
February 13, 1984 ;
628 words
... ... Calif., Feb. 13 /PRNewswire/ -- Omnimedical (NASDAQ: OMNI) announced today that it has decided to redirect its future activities exclusively toward the servicing of medical diagnostic equipmwent. The company said it is doing so with a view to expanding ...
|
|