The state of an individual or a business being up to date or current on dividend payments, debt servicing, reporting requirements, or other obligations. Being in good standing may entitle a person or corporation to greater flexibility in the negotiation of transactions or debt repayments, and is a key component of good credit.
Related information about good standing:
- Good standing - Wikipedia, the free encyclopedia
A person or organisation in good standing is regarded as having complied with all his or its explicit obligations and having unabated powers to conduct his or its ...
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Definition of good standing: Status of a firm (or member of an organization) which is current with the payment of statutory dues and filing of required periodical ...
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As applied to a member of an organization, it usually means that he or she has paid the necessary dues and conformed to the other requirements. As applied to ...
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