Accountant in Bankruptcy Terms with "G"

Glossary of Accountant in Bankruptcy - Glossario Contabile Fallimento

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Government Procurement Card (GPC): a corporate charge card used for the purchase of low-value items.

Gratuitous Alienation: a transfer of property by a debtor to another person for free or for less than it is worth. The permanent trustee can challenge any alienations which took place in the 5 years before the date of sequestration.