Corporate Recovery

Business, Legal & Accounting Glossary

Definition: 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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Corporate Recovery. Payroll & Accounting Heaven Ltd. September 28, 2021
Chicago Manual of Style (CMS):
Corporate Recovery. Payroll & Accounting Heaven Ltd. (accessed: September 28, 2021).
American Psychological Association (APA):
Corporate Recovery. Retrieved September 28, 2021, from website:

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: 19th April, 2020 | 34 Views.