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Related Definitions

  • Accounting Insolvency
    Accounting insolvency means total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books...
  • Bankruptcy or insolvency
    Bankruptcy or insolvency is the state of being unable to pay one’s creditors claims as they come due.
  • Insolvent
    Insolvent is the condition when one is unable to pay one’s debt obligations when due.

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