". . . what is hidden, shall be disclosed; what is closed, shall be opened."

Monday, December 05, 2005

Solvency Defined by DA

. . .In the strict dictionary meanings of solvent:
1) Having a smaller outgo> than the income. 2) Having greater assets than liabilities.
DA had a specialized meaning for solvency: Not incurring any new unsecured debt.
from dalist1@lycos.com

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