![Financial Distress](https://ypiai.or.id/wp-content/uploads/2020/07/Webinar-Financial-Distress.jpg)
Financial distress is a term in corporate finance that is used to denote a condition when a promise to a company’s creditors is broken or painstakingly honored. If financial difficulties cannot be eliminated, it can lead to bankruptcy.
Financial distress is a term in corporate finance that is used to denote a condition when a promise to a company’s creditors is broken or painstakingly honored. If financial difficulties cannot be eliminated, it can lead to bankruptcy.