BKR in Banking Meaning
The BKR meaning in Banking terms is "Bankruptcy". There are 1 related meanings of the BKR Banking abbreviation.
BKR on Banking Full Forms
- Bankruptcy The legal process that a person or firm goes through if they are unable to pay their debts. The process seeks an orderly sharing of the losses by creditors and a chance to start fresh, usually after some delay, for the debtor. No such process exists for national governments or countries, exacerbating the problems of debt crisis and financial crisis.
Frequently Asked Questions (FAQ)
What does BKR stand for Banking?
BKR stands for Bankruptcy in Banking terms.
What is the shortened form of Bankruptcy in Banking?
The short form of "Bankruptcy" is BKR for Banking.
Citation
BKR in Banking. Acronym24.com. (2020, October 26). Retrieved December 23, 2024 from https://acronym24.com/bkr-meaning-in-banking/
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