Insolvency

 

 

 

Insolvency

 

Glossary of business

 

Definition of insolvency

 

Insolvency is where a company does not have sufficient assets to meet its liabilities. A firms 'capital' is equal to its total assets minus its total liabilities. Where this figure is negative, the firm is insolvent.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of insolvency

 

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Meaning of insolvency

 

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What does insolvency mean ?

 

 

 

 

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