Insolvent

Business / Debt / Insolvent: Unable to meet debt obligations.

Other Words for Insolvent

Insolvent Adjective Synonyms: bankrupt, ruined, in receivership, penniless, impoverished, destitute, in Chapter Eleven, broke, wiped out, in the red, on the rocks, (gone) bust, gone to the wall, in Queer Street, skint
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Insured Bond

Business / Finance / Insured Bond: A bank or financial account that is insured for the benefit of the depositor, protecting against loss in the event that the savings institution becomes insolvent. See: FDIC. MORE

Liquidator

Business / Finance / Liquidator: Person appointed by an unsecured creditor in the United Kingdom to oversee the sale of an insolvent firm's assets and the repayment of its debts. MORE

Sour Bond

Business / Finance / Sour Bond: A company's ability to satisfy its obligations to creditors when they are due. A company is 'technically insolvent' if it has enough assets to pay creditors, but cannot liquidate them quickly enough t MORE

Accounting Insolvency

Business / Finance / Accounting Insolvency: Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books. MORE

Resolution Trust Corporation (RTC)

Business / Finance / Resolution Trust Corporation (RTC): A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or mer MORE

Bankrupt

Business / Accounting / Bankrupt: If an individual or unincorporated company has greater liabilities than it has assets, the person or business can petition for, or be declared by its creditors, bankrupt. In the case of a limited comp MORE

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