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Meaning of "wrongful trading" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF WRONGFUL TRADING

wrongful trading  [ˈrɒŋfʊl ˈtreɪdɪŋ] play
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GRAMMATICAL CATEGORY OF WRONGFUL TRADING

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Wrongful trading is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES WRONGFUL TRADING MEAN IN ENGLISH?

Wrongful trading

Wrongful trading is a type of civil wrong found in UK insolvency law, under s 214 Insolvency Act 1986. It was introduced to enable contributions to be obtained for the benefit of creditors from those responsible for mismanagement of the insolvent company.

Definition of wrongful trading in the English dictionary

The definition of wrongful trading in the dictionary is the act of allowing a company to continue trading when its insolvency is inevitable.

WORDS THAT RHYME WITH WRONGFUL TRADING


all-pervading
ˌɔːlpɜːˈveɪdɪŋ
braiding
ˈbreɪdɪŋ
countershading
ˌkaʊntəˈʃeɪdɪŋ
crusading
kruːˈseɪdɪŋ
degrading
dɪˈɡreɪdɪŋ
fading
ˈfeɪdɪŋ
grading
ˈɡreɪdɪŋ
horse-trading
ˈhɔːsˌtreɪdɪŋ
invading
ɪnˈveɪdɪŋ
lading
ˈleɪdɪŋ
nonfading
ˌnɒnˈfeɪdɪŋ
pervading
pɜːˈveɪdɪŋ
providing
prəˈvaɪdɪŋ
raiding
ˈreɪdɪŋ
rollerblading
ˈrəʊləˌbleɪdɪŋ
shading
ˈʃeɪdɪŋ
snowblading
ˈsnəʊˌbleɪdɪŋ
unfading
ʌnˈfeɪdɪŋ
upbraiding
ʌpˈbreɪdɪŋ
wading
ˈweɪdɪŋ

WORDS THAT BEGIN LIKE WRONGFUL TRADING

wrong ´un
wrong end of the stick
wrong fount
wrong number
wrong-foot
wrong-headed
wrong-headedly
wrong-headedness
wrongdoer
wrongdoing
wronger
wrongful
wrongful arrest
wrongful dismissal
wrongfully
wrongfulness
wrongly
wrongness
wrongous
wrongously

WORDS THAT END LIKE WRONGFUL TRADING

according
beading
carbon trading
day trading
downloading
first reading
heading
homesteading
insider trading
leading
loading
misleading
off-roading
pleading
proofreading
reading
recommended reading
roading
self-loading
trading
unloading

Synonyms and antonyms of wrongful trading in the English dictionary of synonyms

SYNONYMS

Translation of «wrongful trading» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF WRONGFUL TRADING

Find out the translation of wrongful trading to 25 languages with our English multilingual translator.
The translations of wrongful trading from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «wrongful trading» in English.

Translator English - Chinese

不法交易
1,325 millions of speakers

Translator English - Spanish

comercio ilícito
570 millions of speakers

English

wrongful trading
510 millions of speakers

Translator English - Hindi

गलत तरीके से व्यापार
380 millions of speakers
ar

Translator English - Arabic

التداول غير المشروع
280 millions of speakers

Translator English - Russian

противоправное торговая
278 millions of speakers

Translator English - Portuguese

comércio ilícito
270 millions of speakers

Translator English - Bengali

ভুল ট্রেডিং
260 millions of speakers

Translator English - French

le commerce illicite
220 millions of speakers

Translator English - Malay

Perdagangan yang salah
190 millions of speakers

Translator English - German

unseriösen Geschäfts
180 millions of speakers

Translator English - Japanese

不正取引
130 millions of speakers

Translator English - Korean

부당 거래
85 millions of speakers

Translator English - Javanese

Dagang sing salah
85 millions of speakers
vi

Translator English - Vietnamese

giao dịch sai trái
80 millions of speakers

Translator English - Tamil

தவறான வர்த்தகம்
75 millions of speakers

Translator English - Marathi

चुकीचा व्यापार
75 millions of speakers

Translator English - Turkish

Haksız ticaret
70 millions of speakers

Translator English - Italian

negoziazione illecito
65 millions of speakers

Translator English - Polish

bezprawnych transakcji
50 millions of speakers

Translator English - Ukrainian

протиправне торгова
40 millions of speakers

Translator English - Romanian

operațiuni frauduloase
30 millions of speakers
el

Translator English - Greek

παράνομη εμπορία
15 millions of speakers
af

Translator English - Afrikaans

onregmatige handel
14 millions of speakers
sv

Translator English - Swedish

oriktig handel
10 millions of speakers
no

Translator English - Norwegian

urettmessig handels
5 millions of speakers

Trends of use of wrongful trading

TRENDS

TENDENCIES OF USE OF THE TERM «WRONGFUL TRADING»

The term «wrongful trading» is used very little and occupies the 179.532 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
16
/100
The map shown above gives the frequency of use of the term «wrongful trading» in the different countries.
Principal search tendencies and common uses of wrongful trading
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «wrongful trading».

FREQUENCY OF USE OF THE TERM «WRONGFUL TRADING» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «wrongful trading» during the past 500 years. Its implementation is based on analysing how often the term «wrongful trading» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about wrongful trading

EXAMPLES

10 ENGLISH BOOKS RELATING TO «WRONGFUL TRADING»

Discover the use of wrongful trading in the following bibliographical selection. Books relating to wrongful trading and brief extracts from same to provide context of its use in English literature.
1
Corporate Insolvency Law: Perspectives and Principles
The wrongful trading section has, however, proved to be a great disappointment in so far as its impact has been low.104 Between 1989 and 1993 there were 92,500 corporate insolvencies in England and Wales but only four wrongful trading ...
Vanessa Finch, 2002
2
Wrongful Trading
Unlike fraudulent trading, wrongful trading needs no finding of 'intent to defraud' (which requires a heavy burden of proof). Wrongful trading is therefore a less serious, and more common offence than fraudulent trading.
Lambert M Surhone, Mariam T Tennoe, Susan F Henssonow, 2011
3
Corporate and Personal Insolvency Law
They recommended the imposition of liability for irresponsible trading for which a test of unreasonable conduct should apply and which they suggested should be called 'wrongful trading' and they proposed abolishing civil liability for ...
Fiona Tolmie, 2013
4
Company Directors' Responsibilities to Creditors
conservative in deciding wrongful trading cases and have been reluctant to find that the date from which liability for wrongful trading begins was too far back from the advent ofinsolvent liquidation. In Re Purpoint Ltd [1991] BCC 491 Vinelott J ...
Andrew Keay, 2007
5
Principles of Lender Liability
(a) Wrongful Trading 'Contribution' and Shadow Directorship If a lender (or one of its employees/officers acting on its behalf) becomes too closely entwined in the management of an ultimately insolvent borrower company, then the liabilities ...
Parker Hood, John Virgo, 2012
6
Creditor Protection in Private Companies: Anglo-German ...
The legal nature of wrongful trading Historic roots and contemporary classifications Assuming the position of a foreign lawyer wishing to gain a first orientation about the place of wrongful trading in English law, it may be useful to consult a ...
Thomas Bachner, 2009
7
English Private Law
19.165 19.166 19.167 (b) Misfeasance and fraudulent and wrongful trading (i) Misfeasance A series of provisions in the Insolvency Act 1986 deals with misfeasance by directors697 and officers of a company and with wrongful and fraudulent ...
Andrew Burrows, 2013
8
Legal Capital in Europe
vation, liability for wrongful trading has in practice only played a relatively modest role to date. In almost two decades since the Act came into force, as far as can be seen there are only six published decisions in which liability actions re- sulting ...
Marcus Lutter, 2006
9
The Business Rules: Protect yourself and your company from ...
Wrongful. trading. Directors (including shadow directors *1) whocontinue to trade after their business has gone into insolvent liquidation arecommitting aciviloffence known as wrongful trading. The Insolvency Act 2000 states that a director ...
Jo Haigh, 2013
10
Company Law Concentrate: Law Revision and Study Guide
In problem questions, wrongful trading is often difficult to identify. Where the facts of a problem include (i) a recommendation (usually from an auditor) or opinion that insolvency is unlikely to be avoided, or (ii) a director states that he believes ...
Lee Roach, 2014

7 NEWS ITEMS WHICH INCLUDE THE TERM «WRONGFUL TRADING»

Find out what the national and international press are talking about and how the term wrongful trading is used in the context of the following news items.
1
CME Group requires profit disgorgement as part of position limit …
In connection with Mr. Oystacher's alleged violation, the relevant IFUS business conduct committee expressly acknowledged that the alleged wrongful trading ... «Lexology, Jun 15»
2
A guide to the insolvency aspects of the new Deregulation Act and …
Office holders will be able to assign certain claims, including preferences, transactions at an undervalue, wrongful trading and fraudulent trading claims (as well ... «Lexology, May 15»
3
Developments In The Insolvency World – The Small Business …
The Act provides for these powers to be extended to administrators, allowing administrators to bring proceedings against a director for wrongful trading and ... «Mondaq News Alerts, Apr 15»
4
Some Accused of Insider Trading May Rethink Their Guilty Pleas
A ruling that tossed out the insider trading convictions of two hedge fund managers may have opened the door for others charged with wrongful trading to get ... «New York Times, Dec 14»
5
Supreme Court decision in Hungary interprets the term "threatening …
XLIX of 1991 on the insolvency and compulsory winding up procedure (hereinafter referred to as “Insolvency Act”) established the term “wrongful trading”. «Lexology, Oct 14»
6
Financial liabilities for LLP members: how limited?
Members of an insolvent LLP can be liable for fraudulent or wrongful trading in the same way as directors of a company. Worse still, there is a specific "clawback" ... «Accountancy Age, Apr 12»
7
In The Red - The Dangers For LLPs Of Trading While Insolvent
So, what is trading while insolvent (or 'wrongful trading' to give it its formal title) and does it apply or matter in a professional practices context? In a traditional ... «Mondaq News Alerts, Dec 11»

REFERENCE
« EDUCALINGO. Wrongful trading [online]. Available <https://educalingo.com/en/dic-en/wrongful-trading>. Jun 2021 ».
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