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Glossary   >   T   >   "Technical insolvency" Definition            Technical insolvency Default on a legal obligation of the firm. For example, technical insolvency occurs when a firm doesnt pay a bill on time. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Technical insolvency - Default on a legal obligation of the firm. For example, technical insolvency occurs when a firm doesnt pay a bill on time.