It signifies an inability to generate enough income or revenue to cover expenses and debt repayments as they become due.
Posts tagged as “Insufficient Funds”
Borrowing on credit cards is a common way to access funds, but it's crucial to understand how it works and its implications to avoid financial pitfalls.
When a company facesfinancial difficulties and is forced into liquidation (known as winding up), its assets are sold off to generate funds for distribution.