A striped racer, also known as the California whipsnake, is a species of non-venomous snake native to the coast and foothills of California. It is a long, slender, and fast-moving snake, identified by its distinctive stripes running down the length of its body. They primarily feed on lizards and small rodents. The scientific name for this species is Masticophis lateralis.
Insolvency
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The condition of being insolvent; the state or
condition of a person who is insolvent; the condition of one who is
unable to pay his debts as they fall due, or in the usual course of
trade and business; as, a merchants insolvency.
Insolvency meaning & definition 1 of Insolvency.
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(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.
When a firm has assets that are greater than [liabilities], it is [solvent]. In a lot of cases, the management of a firm runs out of ways to make money with the assets it has, so it invests in poor quality assets with high risk of default (for example, by lending money to borrowers using inflated housing prices as [collateral]).Insolvency meaning & definition 2 of Insolvency.
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The state of being insolvent.
Insolvency meaning & definition 3 of Insolvency.
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Insolvency is a situation in which an individual or organization can not pay off its bills and debts.
Insolvency meaning & definition 4 of Insolvency.
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(especially of a company) the condition of not having enough money to pay debts, buy goods, etc., or an occasion when this happens:
Insolvency meaning & definition 5 of Insolvency.