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Saroj Kumar

Banking Exams
Financial Awareness
2 years ago

What is insolvent ?

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Muskan Anand

2 years ago

In accounting, insolvency is the state of being unable to pay the debts, by a person or company, at maturity; those in a state of insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency.

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