Advertising

Accounting insolvency

• Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books.

 
 Embedded terms in definition
 Assets
Books
Firm
Insolvent
Liabilities
Net worth
Net
Total assets
 
 Related Terms
 

<< Accounting exposure Accounting liquidity >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

One of the strongest characteristics of genius is the power of lighting its own fire. John W. Foster

Advertising



Copyright 2009-2017 GVC. All rights reserved.