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Q: Which term is assigned to a person or company that is reduced to a state of financial ruin?
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What term is assigned to a person or company that is reduced to a state of financail ruin?

A person that is in a state of financial ruin in bankrupt. They can be in a reorganization or in debt forgiveness.


May I please have an explanation of financial forecasting?

A financial forecaster is a person whose job it is to forecast the financial future of company, country or other institution. This person uses prior financial data to determine probable financial outcome. Financial forecasting is used to estimate whether or not the institution will profit financially.


How do primary and secondary financial markets differ?

In the primary financial market money goes directly to the person or company who will be spending it, for example, if a person/company takes a loan out of the bank they will spend it on certain products in the market. In the secondary financial market, already existing financial assets are transferred from one saver to another. For example, if you don't want to be a part owner in a company anymore, you can sell your share as a secondary financial asset on the stock market. A transfer in the secondary market does not represent any new saving.


Meaning of treasurer?

a person appointed to administer the financial assets of a company, society, local authority or any other body


What do you call a person who handles money in a business?

This answer can depend on the type and formation structure of a business. Several managers can be assigned to handle the funds of a company. Most often this is the Comptroller.

Related questions

What term is assigned to a person or company that is reduced to a state of financail ruin?

A person that is in a state of financial ruin in bankrupt. They can be in a reorganization or in debt forgiveness.


What is a company designation?

A company designation is similar with company position. It is where the person or worker is assigned.


What do you call a person who takes financial risks to start a company?

A person who takes financial risks to start a company is called an entrepreneur


What is the definition of a comptroller of a company?

The person in a company who supervises the financial and accounts sector.


May I please have an explanation of financial forecasting?

A financial forecaster is a person whose job it is to forecast the financial future of company, country or other institution. This person uses prior financial data to determine probable financial outcome. Financial forecasting is used to estimate whether or not the institution will profit financially.


What is good name for a financial center building?

Most financial centers are named after the company that owns it, or after a famous person who worked for that company. Use your search engine to look up some financial buildings and see what sorts of names you can find.


What type of business is NCO Financial?

NCO Financial are a debt collection business. If one owes money to a company, they may refer the matter to a debt collection company such as NCO Financial, who will then contact the person in debt to try and obtain the outstanding funds.


Where might one go to learn more about Financial Executives International?

A person can go to a few places to learn more about Financial Executives International. A person can go to Financial Executives International official website. Additionally a person can go to Wikipedia or the company's Facebook page.


Fraud and ethics in managerial accounting?

A managerial accountant is a person who controls the financial information for a company. Ethics require that managerial accountants keep company financial records completely confidential, and they should objectively inform their clients of all relevant financial information.


In how many companies one person can be a director?

A person can be a board of director for more thane one company earlier it was 20 now it is reduced to 15 companies


How do primary and secondary financial markets differ?

In the primary financial market money goes directly to the person or company who will be spending it, for example, if a person/company takes a loan out of the bank they will spend it on certain products in the market. In the secondary financial market, already existing financial assets are transferred from one saver to another. For example, if you don't want to be a part owner in a company anymore, you can sell your share as a secondary financial asset on the stock market. A transfer in the secondary market does not represent any new saving.


How do primary and secondary markets differ?

In the primary financial market money goes directly to the person or company who will be spending it, for example, if a person/company takes a loan out of the bank they will spend it on certain products in the market. In the secondary financial market, already existing financial assets are transferred from one saver to another. For example, if you don't want to be a part owner in a company anymore, you can sell your share as a secondary financial asset on the Stock Market. A transfer in the secondary market does not represent any new saving.