What is the meaning of Business failure?

Business failure is a business that has terminated operations with a loss to creditors.

Barry Goldsmith
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APABarry Goldsmith. (2010). business failure. Retrieved September 26, 2026, from http://smartdefine.org/business_failure/definitions/1149146
ChicagoBarry Goldsmith. 2010. "business failure" http://smartdefine.org/business_failure/definitions/1149146 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, business failure, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/business_failure/definitions/1149146>.
MLABarry Goldsmith. "business failure" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/business_failure/definitions/1149146>