Unit 15 HELP!!!! URGENT!!!! PLZ!!!
aj7861
Registered Posts: 62 Regular contributor ⭐
guys and gals
need some help with some Unit 15 definitions, have my simulation this week. the 2 words are:
1) DRAWDOWN?
2) RECEIVERSHIP?
really need to know, this is an urgent matter, please help by giving me the definition and explaining
much appreciated, thank you:001_smile:
need some help with some Unit 15 definitions, have my simulation this week. the 2 words are:
1) DRAWDOWN?
2) RECEIVERSHIP?
really need to know, this is an urgent matter, please help by giving me the definition and explaining
much appreciated, thank you:001_smile:
0
Comments
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Receivership
A type of bankruptcy a company enters when a receiver is appointed by bankruptcy courts or creditors to run the company
got this from online dictionary0 -
drawdown
1. The act, process, or result of depleting: the drawdown of oil supplies; a drawdown of investment capital.0 -
can you explain please, dont really get that:confused1:0
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someone help please0
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why don't you google the words and read around the subject?
Drawdown is not so much a common term but it is quite serious if you don't understand what 'receivership' is - especially int his current climate.0
