Corporate Recovery

Business, Legal & Accounting Glossary

Definition: Corporate Recovery


Corporate Recovery


Full Definition of Corporate Recovery


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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https://payrollheaven.com/define/corporate-recovery/
Modern Language Association (MLA):
Corporate Recovery. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/corporate-recovery/.
Chicago Manual of Style (CMS):
Corporate Recovery. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/corporate-recovery/ (accessed: May 18, 2024).
American Psychological Association (APA):
Corporate Recovery. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/corporate-recovery/

Definition Sources


Definitions for Corporate Recovery are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 11th August, 2022 | 0 Views.