Difference between revisions of "Insolvent"
Jump to navigation
Jump to search
DavidB4-bot (talk | contribs) (→See also: clean up & uniformity) |
m (trimming category list) |
||
| Line 6: | Line 6: | ||
* [[Bankruptcy]] | * [[Bankruptcy]] | ||
* [[Conservatorship]] | * [[Conservatorship]] | ||
| − | |||
== External links == | == External links == | ||
| − | |||
*[http://dictionary.law.com/ Law Dictionary] | *[http://dictionary.law.com/ Law Dictionary] | ||
*[http://research.lawyers.com/glossary/ Glossary of Legal Terms] | *[http://research.lawyers.com/glossary/ Glossary of Legal Terms] | ||
| Line 17: | Line 15: | ||
[[Category:Economics terms]] | [[Category:Economics terms]] | ||
[[Category:Legal Terms]] | [[Category:Legal Terms]] | ||
| − | |||
| − | |||
| − | |||
Latest revision as of 21:07, January 13, 2020
Insolvent is when the total debt of an entity is greater than all of its equity (property, assets and account receivables).
Sometimes an insolvent entity can avoid a forced liquidation and/or bankruptcy if it has demonstrated an ability to maintain a positive cash flow.