What is GRIDLOCK?

In Finance, this is the inability to do day-to-day operations due to a business crisis using essential corporate resources, and unable to resolve the crisis.

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Related Legal Terms
DIVESTITURE, CARVE-OUT, ENTERPRISE APPLICATIONS, MICROBUSINESS, BUSINESS FAILURE, PERSONAL FINANCE, PYRAMIDING, MODIGLIANI AND MILLER PROPOSITION I, FINANCIAL CONTAGION, BUSINESS INTERRUPTION


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