equity insolvency

Insolvency created when the debtor cannot meet its obligations as they fall due.

• Under most state laws, equity insolvency prevents a corporation from making a distribution to its shareholders.

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词条贡献者

法律翻译家欣，毕业于德国顶尖的高级翻译学院，专注翻译各类与体育诉讼有关的法律文件。