List of notable business failures
Encyclopedia
This list of business failure
s collects significant companies who met the eventual demise of their well known brand. The causes include corporate crime
and simple insolvency
, and are notable for their financial impact on the economy.
Business failure
Business failure refers to a company ceasing operations following its inability to make a profit or to bring in enough revenue to cover its expenses...
s collects significant companies who met the eventual demise of their well known brand. The causes include corporate crime
Corporate crime
In criminology, corporate crime refers to crimes committed either by a corporation , or by individuals acting on behalf of a corporation or other business entity...
and simple insolvency
Insolvency
Insolvency means the inability to pay one's debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts.Business insolvency is defined in two different ways:...
, and are notable for their financial impact on the economy.
See also
- Bank failureBank failureA bank failure occurs when a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities. More specifically, a bank usually fails economically when the market value of its assets declines to a value that is...
- Savings and loan crisisSavings and Loan crisisThe savings and loan crisis of the 1980s and 1990s was the failure of about 747 out of the 3,234 savings and loan associations in the United States...
- Late-2000s financial crisisLate-2000s financial crisisThe late-2000s financial crisis is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s...
- List of defunct airlines
- List of bank failures in the United States (2008–present)
- List of largest U.S. bank failures