assetless

assetless

(ˈæsɛtlɪs)
adj
(Economics) having no assets or property that can be used to pay off debts
References in periodicals archive ?
ASIC provided Assetless Administration Funding to the Liquidators of BDJ Services (Australia) Pty Ltd and Allinam Consulting Pty Ltd to prepare supplementary reports used to disqualify Mr Cook.
Its impression is light-hearted: the name 'Airbnb' rolls off the tongue, the 'air' part fitting for its unfixed, assetless existence.
included 1 billion shares of unregistered illiquid stock in the assetless concern.
Suddenly after divorce, they become homeless, assetless, and helpless.
For instance, in the example, in order to succeed, companies must create R&D programs that can both navigate the power of the more traditional resource-based innovation of a growing Africa and respond to the advanced assetless manufacturing models of slower-growth developed economies.
They are likely to do so either as very early first movers, to leverage their customer base if they have access to ducts, or if only one or two infrastructure-based operators have deploying NGANs, so that the assetless operator has a good chance to be second or third in the market.
Documents submitted to a plan; (2) where statements made by an attorney representing an assetless insurance company to the trustees of a pension plan who were considering the purchase of fiduciary liability insurance falsely stated the company's assets.
He's in thrall of both a prison official and a seemingly assetless vanilla girlfriend.
Mostly landless and assetlesS being largely agricultural labour in rural areas, their living conditions and access to basic: amenities: of.
If he asks the Court of Appeal to overturn the decision, he may be asked to first put up cash to cover legal costs - but Crucial Move is assetless, until it gets a pounds 300,000-plus pay-out from the club's sale.
While many blacks remained poor and essentially assetless during the Jim Crow era, others managed to accumulate sufficient property to give them middle-class status or, far more rarely, wealth.