Examlex
Simplify the rational expression.
Firm's Debt
The total liabilities or financial obligations incurred by a company to finance its business operations and growth.
Technically Insolvent
A situation where a company cannot meet its short-term financial obligations even though its total assets may exceed its total liabilities.
Negative Net Worth
A financial condition where an individual's or entity's liabilities exceed its assets, indicating negative financial health.
Financial Obligations
Liabilities or commitments that require a business or individual to make payments, including debts, loans, and other financial responsibilities.
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