Enronitis
Enronitis definition - finance
Nervousness
over a company because of suspected accounting problems. The term was coined in
the fourth quarter of 2001 after Enron Corp. collapsed and filed for Chapter 11
bankruptcy amid substantial financial irregularities that its auditor, Arthur
Andersen, failed to detect.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Comments
Improve this definition.
Browse dictionary definitions near Enronitis
Share on Facebook