Financial distress


 

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Financial distress

Events preceding and including bankruptcy, such as violation of loan contracts.



Financial distress

Similar Matches

Independent financial adviser

Independent financial adviser

A person qualified to give financial advice to clients on life assurance, pensions, funds, and other financial products, who is not tied to any one financial institution.A financial adviser may charge his clients a fee for his advice, and, depending on his contract with product providers, may also receive a commission on the products which the client buys.In theory, an IFA's recommendations should be based on which company and products best suit the needs of the client, not on the level of commission he receives.In contrast, a company representative or tied agent is a financial adviser who is authorised to recommend only the products of the company he represents, so his advice is partial.Financial advisers have to make it clear to their clients whether they are independent or tied.


International financial institution

International financial institution

Usually refers to intergovernmental organizations dealing with financial issues, most often the IMF and/or the World Bank.


Amman Financial Market (AFM)

Amman Financial Market (AFM)

Established in 1976, the AFM is the only stock exchange in Jordan.


Financial leverage

Financial leverage

Use of debt to increase the expected return on equity. Financial leverage is measured by the ratio of debt to debt plus equity.


Financial market

Financial market

An organized institutional structure or mechanism for creating and exchanging financial assets.


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