Difference between revisions of "Insolvent"

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'''Insolvent''' is when the total [[debt]] of an entity is greater than all of its [[property]].  
 
'''Insolvent''' is when the total [[debt]] of an entity is greater than all of its [[property]].  
  
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[[category:legal terms]]
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[[Category:Legal Terms]]

Revision as of 20:21, April 23, 2008

Insolvent is when the total debt of an entity is greater than all of its property.