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addaword.gifdefinition of zombie company

(also zombie firm)
a firm that can only service the interest on its debt
Britain's economy is littered with "zombie companies" that are surviving only because of low interest rates and will go bust when economic conditions change.
Submitted from United Kingdom on 15/07/2013 16:32:00
Definition of zombie company from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

food rave

a very large party where people eat, sell or share many different types of food, usually held outside or in a large public building

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dirty and sometimes untidy or smelling bad