Accounting insolvency
Accounting insolvency means total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books.
Category: Banking & Finance
Previous: ← Acceleration clause
More from this Section
- Asked price
Asked price is in context of general equities, price at which a security or commodity ... - Assessed valuation
Assessed valuation is the value assigned to property by a municipality for the purpose ... - Self-liquidating theory
Self liquidating (real bills doctrine) theory is a traditional and conservative banking ... - Term insurance
Term insurance is a life insurance that pays only if the insured dies during a specified ... - Compensating deposit balances
Compensating deposit balances is the required deposits a customer must keep with a bank ...