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Glossary > F > "Financial distress costs" Definition

Financial distress costs

Legal and administrative costs of liquidation or reorganization. Also includes implied costs associated with impaired ability to do business (indirect costs).

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Financial distress costs - Legal and administrative costs of liquidation or reorganization. Also includes implied costs associated with impaired ability to do business (indirect costs).

Financial distress costs : legal and administrative costs of liquidation or reorganization. also includes implied costs associated with impaired ability to do business (indirect costs).