Indirect Costs Of Financial Distress

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Definition: Indirect Costs Of Financial Distress

Indirect Costs Of Financial Distress
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Full Definition of Indirect Costs Of Financial Distress

Costs in the form of lost revenue, lost opportunities, and the increased cost of continuing operations suffered by a company as a result of its deteriorating financial condition. Companies in financial distress are prone to losing customers, key employees, business opportunities, and favorable credit terms, all of which will negatively affect their cash flow and balance sheets.

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https://payrollheaven.com/define/indirect-costs-of-financial-distress/
Modern Language Association (MLA):
Indirect Costs Of Financial Distress. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/indirect-costs-of-financial-distress/.
Chicago Manual of Style (CMS):
Indirect Costs Of Financial Distress. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/indirect-costs-of-financial-distress/ (accessed: April 19, 2024).
American Psychological Association (APA):
Indirect Costs Of Financial Distress. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/indirect-costs-of-financial-distress/

Definition Sources

Definitions for Indirect Costs Of Financial Distress 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: 20th November, 2021 | 0 Views.