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What is insolvency?A symbol of the threat of economic depression man 1: great here comes another insolvent Phantom. insolvency - meme gifinsolvency - videoInsolvency - what is it?(ECONOMICS) crisis created when a government or firm cannot pay its obligations in any reasonable time frame. Often confused with illiquidity, which is a when an entity suffers a temporary shortage of cash. Most of the time, insolvency is the result of corrupt or feckless management. In a few cases, however, it can be the result of a vicious cycle in which a well-managed company's customers all become insolvent first. |
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