A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Insolvent

Revision as of 16:16, 12 August 2009 by Ian.Jones (Talk | contribs)

A company becomes |insolvent when it is unable to pay its debts when they fall due or when its liabilities exceed the value of its assets. The opposite of solvent.

See also: Bankruptcy

Powered by MediaWiki
GNU Free Documentation License 1.2