Accountant in Bankruptcy Terms with "W"

Glossary of Accountant in Bankruptcy - Glossario Contabile Fallimento

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Warrant to Cite: a court order authorising the petitioning creditor to cite the debtor to appear in court on a stated date to show that grounds for sequestration no longer exist. If the debtor fails to appear or fails to show that they hould not be sequestrated, sequestration will be awarded effective from the date the order was granted.

Working Capital: current assets less current liabilities.