insolvency rule
insolvency rule
Finance dictionary of financial terms
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Economics and finance
Definition of insolvency rule
insolvency rule: The legal rule governing Canadian companies that states a company cannot pay dividends while insolvent or if the payment of dividends will make the company insolvent.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of insolvency rule
Meaning of insolvency rule
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