The company is not technically insolvent, although it may become so soon if there are further junk bond defaults.

The company has been technically insolvent since 1984, but management thought that it could turn things around with profits from trading the securities.

Savings institutions become technically insolvent when their net worth falls below 3 percent of total assets.

How many of the big banks are technically insolvent?

Earlier this month the institution, which once was growing fast, became technically insolvent.

By 1936, as a result of the Great Depression, many life assurance companies were technically insolvent.

By last week, more than $1 billion was missing from the ledgers, leaving some of the banks technically insolvent.

A failure to reach agreement here would have left the organization technically insolvent by early summer.

And as Hempton himself says, this math doesn't say anything about whether we should take over technically insolvent banks.

The company need not be technically insolvent, so long as the terms of the floating charge allow appointment.