Definition of resolved

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TeachMeFinance.com - explain resolved



resolved -- the status of a troubled savings association that has been taken over by the government and disposed of in some final fashion. Such resolution usually involves either selling the institution to new owners or closing it permanently and paying depositors their federally insured accounts.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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