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The ongoing financial turmoil and financial discussion thread
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10-28-2008, 01:23 PM
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Bend it like Bourgeois
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Join Date: Oct 2001
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Quote:
Originally Posted by
Nancy
SOLVENCY: Ability to pay debts.
LIQUIDITY: Ability to convert assets into cash.
Thanks, but I should have been more specific.
I get the distinction, just not sure what he meant by it.
Bend it like Bourgeois
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