Company doctor


 

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Company doctor

An executive, usually appointed from outside, brought in to turn a company around and make it profitable.

Company doctor

A business person who specialises in turning round companies in deep trouble.The term was fashionable in the 1980s when there were some high profile examples of companies in terminal condition that were rescued by having a company doctor parachuted in. Usually a visit from a company doctor is accompanied by much bloodletting in the form of employee 'downsizing'.



Similar Matches

Intracompany trade

Intracompany trade

Transactions between or among subsidiaries that are part of the same parent company.


Export management company

Export management company

A foreign or domestic company that acts as a sales agent and distributor for domestic exporters in international markets.


Finance company

Finance company

A company whose business and primary function is to make loans to individuals, while not receiving deposits like a bank.


Investment Company with Variable Capital

Investment Company with Variable Capital

An open-ended collective investment vehicle, similar to a unit trust. As with unit trusts, the money invested by savers is pooled, and then invested in the markets by professional fund managers appointed by the ICVC. The advantage to savers is that by putting their savings together with savings of other individuals, they get the benefits of diversification, and also of professional fund management. The difference between an ICVC and a unit trust is that an ICVC is a company rather than a trust. If you put savings into it, you have shares, not units. Also, an ICVC has just one price, whether you are buying or selling shares in it, with charges shown separately.


Foreign base company income

Foreign base company income

A category of Subpart F income that includes foreign holding company income and foreign base company sales and service income.


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shell company
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open ended investment company
Investment Company Institute (ICI)
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Closed end management company
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Trust company
quoted company
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Closed end management company
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Company
Depository Trust Company
public limited company (plc)
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holding company
listed company


 
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