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As a result, most of them are undercapitalized, in the same way that a firm is undercapitalized when it issues fewer securities than its income and assets would justify.
That threw the undercapitalized domestic banks into a crisis from which they never emerged.
Many undercapitalized projects are struggling under high debt loads and are eager to sell, often at bargain prices.
Most profits from the Portuguese-dominated sectors went overseas, leaving the colony grossly undercapitalized .
Those same programs, it should be pointed out, are too often undercapitalized and are expected to generate credit hours without many of the resources needed to foster quality programs.
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