A common phrase often heard in business is that of âin liquidationâ and this is a specific legal status for a company having direct consequences for creditors, employees and directors alike. When companies get into trouble they will often enter into an agreement, such as a Company Voluntary Agreement which is a payment plan designed to get the firm back on track.
United States customary units are a system of measurements commonly used in the United States. The U.S. customary system developed from English units which were in use in the British Empire before American independence.
Worldwide use: 1  Primarily used as an official unit of measurement in the United States. 2  Canada also recognises the foot as an alternative unit of measurement (to standard metric), and the foot continues to be commonly used in the United Kingdom. 3  The foot is also used globally to measure altitude in the aviation industry.