home recent additions

technically bankrupt

Definition

technically bankrupt rate
(Adjective) Person having more debt than the worth of his assets but still paying off his debt.
In finance: Having negative equity but servicing the debt.
Usage: After the collapse of the property market, James was technically bankrupt though he still had his job.


Link to this page:

Add or improve a definition

All definitions are approved by humans before publishing. Any promotional content will be deleted.
HTML tags are not allowed and will be encoded.
Use square brackets to link a word. For example, [abc] will render as abc. External links will be removed
TECAB
TECAT
TECC
TECDS
TECEP
TECF
TECH
Tech house
Tech trance
TECHC
TechFlowMP
Techism
Techist
technical
Technical death metal
technical virgin
technically bankrupt
technicolor laugh
technicolor yawn
technicolor yodel
technique
Techno
Techno-DNB
techno-reliant
technocentrism
Technody
technodynamia
technological orgasm
technology
Technotheism
technotheist
Techstep
TECI
home   recent additions