Economic entities – companies, private households – do not have enough cash and are unable to obtain it due to already exhausted refinancing options – not on time – only at very high cost or – not at all; if this is the case due to overindebtedness, it is a case of insolvency. – More rarely, also in relation to the market as a whole: Cash is hardly available (a reduction in the general availability of liquidity). – See arrangement, discount, salary freeze, profit, credit crunch, liquidity buffer, liquidity risk, debt sustainability.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/