Technical insolvency

Default on a legal obligation of the firm. For example, technical insolvency occurs when a firm doesn't pay a bill. The New York Times Financial Glossary
default on a legal obligation of the firm. Technical insolvency occurs when a firm doesn't pay a bill on time. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • technical insolvency — See insolvency …   Black's law dictionary

  • insolvency — The condition of a person or business that is insolvent; inability or lack of means to pay debts. Such a relative condition of a person s or entity s assets and liabilities that the former, if all made immediately available, would not be… …   Black's law dictionary

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  • Tennessee Central Railway — Reporting mark TC Locale Tennessee Dates of operation 1893–1968 …   Wikipedia

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  • List of Statutory Instruments of the United Kingdom, 2006 — This is an incomplete list of Statutory Instruments of the United Kingdom in 2006. NOTOC 1 100* Public Contracts Regulations 2006 S.I. 2006/5 * Utilities Contracts Regulations 2006 S.I. 2006/6 * M6 Motorway (Junction 36, Town Head Bridge Parapet… …   Wikipedia

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