Second chance definition
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a Second chancequickly. Overall, taking into account also the indicators on fear of failure rate and strength of insolvency framework, Bulgaria’s score on this SBA principle is in line with the EU average. However, the biggest concern remains the long time it takes to resolve insolvency (3.3 years), which is among the four poorest performances in the EU. On the other hand, Bulgaria has one of the lowest proportions of people with business opportunities who fear potential failure.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. This is the SBA area where Hungary performs worst. As last year, it scores well below the EU average. In fact, it features among the three worst performing EU countries in this SBA domain. Since 2008, not much progress has been made. Except for the duration of insolvency procedures, which remain on a par with the EU average, the insolvency framework is weaker than elsewhere in the EU. This includes the costs of insolvency, which are almost 50 % higher in Hungary than in the EU in general. The fact that the degree of support for a second chance is much lower than in the EU in general ties in with the fact that, to date, no nationwide awareness-raising campaign to combat the stigma of business failure, as recommended by the SBA, has been implemented.
Examples of Second chance in a sentence
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Second chance policy: FTA proposed adding this definition to the rule with the understanding that grantees have the discretion to adopt a second chance policy, i.e., a policy allowing an employee (who has previously violated the Federal drug and/or alcohol regulations) to return to a safety-sensitive position after completing rehabilitation.
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Associates that are seeking Second chance are generally individuals who have recently completed treatment for substance use disorders and may have a criminal record relating to their trouble with substances.
More Definitions of Second chance
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. Germany continues to perform above the EU average in this area. Together with Finland and the Netherlands, it is one of the three top performing Member States. Its strong position is based mainly on the efficiency of its insolvency framework. As a result, the cost and the time required to resolve insolvencies are low compared to other EU Member States.
Second chance means ensuring that honest entrepreneurs who have faced bankruptcy get a second chance quickly. The Netherlands performs above the EU average also in this area. As with Entrepreneurship it ranks in the top three of all EU- 28 Member States. The strength of its performance is rooted in its efficient insolvency framework. The process of resolving insolvency is much faster and costs much less than in the EU in general. This may contribute to the relatively low rate of fear of failure in the Netherlands. This is the only indicator which has
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. As last year, the United Kingdom scores well above the EU average in this area. It continues to be one of the forerunners in the EU. The main reason is the short and cost-effective insolvency procedure. Related to this, the United Kingdom features a relatively low fear-of-failure level among its adult population. There still seems to be room for improvement as regards the insolvency framework, though, given that its average score is low. The particular areas affected are the commencement of proceedings, management of debtors’ assets, the reorganisation of proceedings and appropriate participation of creditors.
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Second chance here clearly means a chance after death. I know many think of Lewis as holding that there are such second chances.9 If he did, here, in answer to this objection, would be the place to say: “Well, I do think there will be such chances!” Instead, we get the contortion above, which really seems to be suggesting instead that by the time of
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. France’s performance in this area is in line with the EU average. However, its insolvency framework is among the weaker ones in the EU, which means that there is a room for improvement concerning the legislation on rehabilitating viable firms and liquidating nonviable ones.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. This is the only area in which Spain performs above the EU average: its score is the seventh best in the EU. Since the adoption of the SBA, Spain has made progress at a rate substantially higher than in the rest of the EU. However, there were no significant changes in Spain’s performance under the individual indicators compared with the previous year.