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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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Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.

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