| 单词 | phoenix firm |
| 释义 | > as lemmasphoenix firm C3. British. Business (derogatory). Relating to or involved with the practice by which an insolvent company is placed into voluntary liquidation by its directors, trading being resumed soon afterwards under a different company name. Esp. in phoenix company, phoenix firm. See phoenixism n. ΚΠ 1992 Daily Mail 8 June 15 The two collapses caused concern at Westminster about ‘phoenix’ firms which rise from the ashes of failed businesses with the same managers. 1993 Independent on Sunday 5 Sept. (Business section) 14/1 Insider trading, share price manipulation, phoenix companies, bribery, forgery of share certificates and official bungling go back many decades. 1995 Daily Commercial News (Sydney) 7 Sept. 10 (heading) Qld. clamp on ‘phoenix’ scams. 1997 Daily Tel. (Electronic ed.) 6 June Labour's ‘get tough’ policy..will focus on ‘phoenix’ directors, who flee the ruins of collapsed businesses..and then reappear elsewhere. < as lemmas |
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