Terminally Ill
You're gonna die. Well, we all are. But if you're deemed to be terminally ill, then the doctors probably know within a month or two of when you'll hit the end of the cul de sac.
The term relats to businesses as well. When a company is terminally ill, it usually means that it can't pay its debts; its operations are declining; it has no prayer of getting out of the hole, so the creditors are just trying to get back as much of their loans as possible, lick their wounds, and move on to another borrower...in hopes that the terminally ill company's failings didn't make lenders loath to take risks on new companies down the line.
Related or Semi-related Video
Finance: What is Dead Cat Bounce?13 Views
Finance allah shmoop What is a dead cat bounce It
sounds like a dance move from the old west right
but it actually refers to a terrible situation when the
market plummets rebounds very slightly and then plummets again The
idea comes from the notion of dropping a cat off
of a high building It hits the cement dead bounces
a bit before then is a big wet thud Yeah
peeta no cats were harmed in the production of this
definition Thie market has fallen from five thousand twelve hundred
now it's at fourteen hundred and now it's back to
twelve hundred Yeah that uplift of two hundred points there
from twelve hundred fourteen hundred before it went back twelve
hundred which is the concrete that's the dead cat bounce
I'm not totally sure who came up with this term 00:00:50.247 --> [endTime] but wei have a pretty good idea
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