Business, Legal & Accounting Glossary
Corporate recovery is the term given to the rescues undertaken by professional accountants, who are professionally trained, to assist the management of companies in nursing a company in financial and other difficulty back to health.
This work is usually undertaken at the behest of the directors of the company and is normally undertaken by licensed insolvency practitioners.
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This glossary post was last updated: 19th April, 2020 | 4 Views.