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Glossary of commonly used insolvency terms

This is a brief explanation of some of the terms you may come across in insolvency proceedings. Please note that this glossary is for general guidance only. Many of the terms have a specific technical meaning in certain contexts that may not be covered here. Click on the links below for explanations:
Administration order Administrative receiver Administrative receivership Administrator Annulment Assets Bankruptcy restrictions order or undertaking Charge Company Directors Disqualification Act 1986 Compulsory liquidation Contributory Creditor Debenture Director	Disqualification Dividend Fixed charge Floating charge Guarantee Insolvency Practitioner Liquidation (winding up) Liquidator Meeting of creditors (purpose of) Member (of a company) Nominee Officer (of a company) Official Receiver Person Petition Preferential creditor Proof of debt Proof of debt form	Provisional liquidator Proxy Proxy form Public examination Realise Receiver Receivership Rescission Release Secretary of State Secured creditor Shadow director Statement of affairs Supervisor UNCITRAL Unsecured creditor Voluntary liquidation Winding up order