insolvent bank
Look at other dictionaries:
bank — / baŋk/ n: an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank: a banking facility that is a separate but dependent part of a chartered bank; esp: a… … Law dictionary
bank receiver — A bank acting in the capacity of a receiver. 10 Am J2d Banks § 304. A person designated by statute or appointed to take charge of the assets of an insolvent bank and conserve them for liquidation or reorganization of the bank. 10 Am J2d Banks §§… … Ballentine's law dictionary
Bank Failure — The closing of an insolvent bank by a federal or state regulator. The comptroller of the currency has the power to close national banks; banking commissioners in the respective states close state chartered banks. Banks close when they are unable… … Investment dictionary
Bank of New England — Corporation Former type Corporation Industry Banking Fate Bankruptcy liquidation P … Wikipedia
bank|rupt — «BANGK ruhpt», adjective, verb, noun. –adj. 1. unable to pay one s debts, especially when declared legally unable to do so: »After his store burned, the shopkeeper was bankrupt. SYNONYM(S): insolvent. 2. Figurative. at the end of one s resources; … Useful english dictionary
bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… … Universalium
Insolvent — A firm that is unable to pay debts (liabilities are greater than assets). The New York Times Financial Glossary * * * insolvent in‧sol‧vent [ɪnˈsɒlvənt ǁ ɪnˈsɑːl ] adjective ACCOUNTING LAW a person or company that is insolvent does not have… … Financial and business terms
insolvent — A firm that is unable to pay debts (its liabilities ( liability) exceed its assets). Bloomberg Financial Dictionary * * * insolvent in‧sol‧vent [ɪnˈsɒlvənt ǁ ɪnˈsɑːl ] adjective ACCOUNTING LAW a person or company that is insolvent does not have… … Financial and business terms
Bank of Credit and Commerce International — Infobox Defunct company company name = Bank of Credit and Commerce International company slogan = company type = fate = Liquidation Predecessor = successor = foundation = flagicon|UK London in 1972 defunct = 1991 location = flagicon|UK London… … Wikipedia
Bank of America — Not to be confused with First Bank of the United States, Second Bank of the United States, or Bank of United States. Bank of America Corporation Type Public Traded as … Wikipedia
