Search: insolvency
RBA Glossary definition for insolvency
insolvency – A situation where an entity has insufficient assets to cover the value of its liabilities, resulting in an inability to meet its financial obligations as they fall due.
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Conclusion
31 Dec 2001
RDP
2001-07
During the 1890s, however, broader considerations concerning the Associated Banks’ ability to provide support largely overrode distinctions between illiquidity and insolvency. ... During the 1930s, the Commonwealth Bank relied heavily on banks' ability
https://www.rba.gov.au/publications/rdp/2001/2001-07/conclusion.html
The 1840s Depression
31 Dec 2001
RDP
2001-07
A slump in land sales, falling prices and incomes culminated in an upsurge of insolvencies that substantially weakened the banks.
https://www.rba.gov.au/publications/rdp/2001/2001-07/1840s-depression.html
The 1970s
31 Dec 2001
RDP
2001-07
The funds typically provided for the protection of depositors in the event of insolvency; some also provided for temporary financial assistance in the event of financial difficulties (Australian Financial System Inquiry
https://www.rba.gov.au/publications/rdp/2001/2001-07/1970s.html
The 1890s Depression
31 Dec 2001
RDP
2001-07
The Anglo-Australian banks, however, argued that British depositors might be more alarmed if they discovered that the Associated Banks had taken over the Federal Bank to conceal its insolvency, since
https://www.rba.gov.au/publications/rdp/2001/2001-07/1890s-depression.html