In general day-to-day talks Zombies means dead persons or animals. In the World of Finance, the word Zombie has acquired a special meaning though almost similar to dead persons or animals. Insolvent companies which continue to carry on their business are called Zombies. It is not advisable to invest in companies which are Zombies as they shall mostly survive for a limited period. Investment in a Zombie company generally become bad investment. However, some venture capital companies
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