(Small businesses may wish to consider purchasing life insurance policies for key individuals, such as an owner or top employee, to help
prevent financial distress if that person were to die.)
(Small businesses may wish to consider purchasing life insurance policies for key individuals, such as an owner or top employee, to help
prevent financial distress if that person were to die.)
First, it can simply transfer debt directly onto the government balance sheet so as to clean up banks, SOEs and local governments, thus
preventing financial distress costs from causing Chinese growth to collapse.
Not exact matches
This
prevents foreclosures, selling a home for a loss or watching a home decline physically because the owner is in
financial distress.
Being alert to background issues like
financial stress and personal
distress can help
prevent organizational frauds.