insolvensy
insolvensy by Shamirpetwala March 11, 2019
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insolvency
(ECONOMICS) crisis created when a government or firm cannot pay its obligations in any reasonable time frame. Often confused with illiquidity, which is a when an entity suffers a temporary shortage of cash.
When a firm has assets that are greater than liabilities, it is solvent. In a lot of cases, the management of a firm runs out of ways to make money with the assets it has, so it "invests" in poor quality assets with high risk of default (for example, by lending money to borrowers using inflated housing prices as collateral).
When a firm has assets that are greater than liabilities, it is solvent. In a lot of cases, the management of a firm runs out of ways to make money with the assets it has, so it "invests" in poor quality assets with high risk of default (for example, by lending money to borrowers using inflated housing prices as collateral).
Most of the time, insolvency is the result of corrupt or feckless management. In a few cases, however, it can be the result of a vicious cycle in which a well-managed company's customers all become insolvent first.
insolvency by Abu Yahya May 5, 2010
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stove
Cigarette: Northern slang for a cigarette, used oft by mashed up mancunian ravers becasue of the resemblance of a hot(electric)stove to the end of a lit cigarette. Originated circa 1991 in the early halcyon days of the rave culture; we speculate during a drug fuelled hallucination by said manc.
'fuck me noel, i am bolloxed, is that a ciggy in your mouth, or the stove from me 'nans kitchen'/
General use: 'Give us a stove you cunt'
General use: 'Give us a stove you cunt'
stove by anthony willison March 18, 2004
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Walky-Talky
A derogatory term for able bodied people or people that can walk. This definition was coined by disabled influencer Valerie Weber
Person in wheelchair: “look at that walky-talky over there.”
Friend in wheelchair: *looking at person who is walking* “yeah haha”
Friend in wheelchair: *looking at person who is walking* “yeah haha”
Walky-Talky by odd muffin October 5, 2021
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Hardo
A hardo is a person who tries extremely hard at everything. Most times a hardo will try very hard at things that do not require excessive effort. For example, sports practices, gym class, etc.
Hardo by Thuhkilluh September 4, 2014
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