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
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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

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