|
|
Insolvency |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
InsolvencyThe inability of a person or company to settle debts when they become payable.Similar MatchesInsolvency riskInsolvency riskThe risk that a firm will be unable to satisfy its debts. Also known as bankruptcy risk. Accounting insolvencyAccounting insolvencyTotal liabilities exceed total assets. A firm with a negative net worth is insolvent on the books. |
|
|
|