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单词 statement of affairs
释义

statement of affairs

noun Finance
A legal document listing the assets and liabilities of a company or individual, typically produced when declaring bankruptcy: he provided a statement of affairs showing that he had a negative net worth of £170,000...
  • The Revenue can demand evidence (including documents) relating to any assets or liabilities referred to in the Statement of Affairs.
  • According to the firm's statement of affairs, it had debts of almost £1.6 million.
  • The liquidator had revised the statement of affairs which cut the prospective payout to creditors from over 80p to 70p.
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