Insolvent and Online: Difference between pages

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Unable to pay financial obligations as they fall due.
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users through such electronic means as computer-to-computer interfaces or electronic terminals, which are entered into a transfer processing system by automated means.




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2.  


''UK law''.
The term may also refer to the storage of data by a transfer processing system on a computer database so that the user has direct access to the data (frequently in real time) through input/output devices such as terminals.


A company is insolvent when it is unable - on a balance of probabilities - to meet all of its existing, prospective and contingent liabilities, taking account of future costs and of future interest obligations.
 
3.
 
More generally, connected to another computer or electronic terminal. 
 
For example, connected to the internet.
 
 
4. ''Retail''.
 
Retail offerings to consumers via the internet, rather than in a physical shop.




== See also ==
== See also ==
* [[Balance sheet insolvent]]
* [[Data]]
* [[Cash flow insolvent]]
* [[Database]]
* [[Insolvency]]
* [[Offline]]
* [[Solvency]]
* [[Omnichannel]]
 


===Other links===
[[Category:The_business_context]]
[http://www.treasurers.org/node/7102 Issues around insolvency of your own firm, Will Spinney, 2011]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Latest revision as of 12:19, 13 July 2022

1.

In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users through such electronic means as computer-to-computer interfaces or electronic terminals, which are entered into a transfer processing system by automated means.


2.

The term may also refer to the storage of data by a transfer processing system on a computer database so that the user has direct access to the data (frequently in real time) through input/output devices such as terminals.


3.

More generally, connected to another computer or electronic terminal.

For example, connected to the internet.


4. Retail.

Retail offerings to consumers via the internet, rather than in a physical shop.


See also