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Thesaurus: Zombie Company
1. A technically bankrupt company that is kept alive with large infusions of government money for the sake of "stability" in the U.S. financial system. 2. A large financial company with negative net worth that continues …
Related headwords
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Definitions
- 1. A technically bankrupt company that is kept alive with large infusions of government money for the sake of "stability" in the U.S. financial system. 2. A large financial company with negative net worth that continues to operate, despite having no clear path to solvency. 3. The UnDead of Wall Street. > "AIG is the premier example of a zombie company -- kept alive only by $120 billion in federal bailout money. Apparently, it's considered too large to fail."