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Meaning of INSOLVENCY

Pronunciation:  in'sâlvunsee

 
WordNet Dictionary
 
 Definition: 
[n]  the lack of financial resources
 

INSOLVENCY is a 10 letter word that starts with I.

 

 Antonyms: solvency
 
 See Also: bankruptcy, economic condition, failure, financial condition

 

 

Webster's 1913 Dictionary
 
 Definition: 
\In*sol"ven*cy\, n.; pl. {Insolvencies}. (Law)
   (a) The condition of being insolvent; the state or
       condition of a person who is insolvent; the condition
       of one who is unable to pay his debts as they fall
       due, or in the usual course of trade and business; as,
       a merchant's insolvency.
   (b) Insufficiency to discharge all debts of the owner; as,
       the insolvency of an estate.

{Act of insolvency}. See {Insolvent law} under {Insolvent},
   a.

 
Thesaurus Terms
 
 Related Terms: bankruptcy, bouncing check, broken fortune, bust, collapse, crash, difficulties, distress, embarrassment, failure, genteel poverty, hard pinch, hardship, impecuniosity, impecuniousness, insufficient funds, kited check, light purse, narrow means, overdraft, overdrawn account, poorness, poverty, receivership, slender means, straitened circumstances, straits, tight squeeze, unprosperousness, voluntary poverty, vows of poverty
 

 

 

 

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