Gaois

A collection of legal and legislative terms in Irish extracted from the European Union’s multilingual terminology database. More information »

ECONOMICS|economic analysis · BUSINESS AND COMPETITION
cliseadh gnó Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
ga
Firmenpleite
de
business failure
en
Definition ceasing of business operations because a firm is unable to generate sufficient revenue to cover its expenses Reference "COM-EN, based on: 'business failure' , Farlex Financial Dictionary, http://financial-dictionary.thefreedictionary.com/Business+failure [12.12.2016]"
Comment "Business failure results in a loss to its creditors. A firm that stops working simply due to lack of sales or profit, or retirement or death of its principal is not classified as a failure. Reference:'business failure', BusinessDictionary, http://www.businessdictionary.com/definition/business-failure.html [12.12.2016]"