corporate recovery

corporate recovery
   the management or winding-up of insolvent companies
   Accountants' jargon which seeks to draw attention to the often slim hope of revival rather than the probability of demise:
    This compares with the 75 p.c. growth in the insolvency side — which the firm delicately calls 'corporate recovery'. {Daily Telegraph, 24 November 1990 — the firm was the accountants Peat, Marwick, McClintock)

How not to say what you mean: A dictionary of euphemisms. . 2014.

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