zombie company n.— «A new phrase, “zombie companies,” was coined to describe those companies kept alive by banks even though they were insolvent. Some were property companies the value of whose assets had fallen by more than 30 per cent and with...
zombie company n.— «A new phrase, “zombie companies,” was coined to describe those companies kept alive by banks even though they were insolvent. Some were property companies the value of whose assets had fallen by more than 30 per cent and with...
