Insolvency is the inability of a debtor to pay their debt. Cash flow insolvency involves a lack of liquidity to pay debts as they fall due. Balance sheet insolvency involves having negative net assets—where liabilities exceed assets. Insolvency is not a synonym for bankruptcy, which is a determination of insolvency made by a court of law with resulting legal orders intended to resolve the insolvency.
All stories in Insolvency
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Wirecard ominously pumps 140% during an irrational month for bankruptcy stocks
Shares in fallen fintech giant Wirecard jumped 140%, in what appears to be the latest irrational market pump for stock that ...
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RIP Wirecard, down 97% since revealing its $2.1 billion black hole
In light of recent interest in 'bankrupt' stocks, some have speculated that Wirecard could miraculusly pump on its insolvency. ...
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Mt. Gox’s Mark Karpelès could avoid prison, despite faking financial records
The head of defunct cryptocurrency exchange Mt. Gox has been found guilty of financial record tampering, but with a suspended ...
