Topical Terminology > Accounting Insolvency
2 Definitions
Accounting Insolvency
For Accounting Insolvency we have terms and definitions in 2 topics. The topics are Business and Finance.
Accounting Insolvency (Business) 
A the condition that a company is in when its liabilities to its creditors exceeds its assets.
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Accounting Insolvency (Finance)
Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books.
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