When a company becomes unable to pay off its creditors, or its liabilities exceed its assets.

A professional money manager who works for private investors and invests via pension and life insurance funds.

Any works or inventions that are original creative designs. The individual or company responsible for the designs will be entitled to apply for a copyright or trademark on the designs.

This updates shareholders on a company’s unaudited profits for the first half of the financial year.

A company on the stock exchange that only invests in other companies.

Invoice factoring involves a business selling its invoices on to a third party, who will then add their own fee to the charges and seek the money from the debtor.

A key performance indicator (KPI) is a measure of performance to assess the success of a company or a certain activity the company is taking part in.

When a company is acquired using borrowed funds. The debt is usually repaid by money made by the acquired company.

Any asset which can be easily converted into cash.

The ease with which a company’s assets can be converted into cash.