- 1. n. 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. Source: opted
- 2. n. Insufficiency to discharge all debts of the owner; as, the insolvency of an estate. Source: opted
- 3. n. the lack of financial resources Source: wordnet
- 4. (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. Source: webster
- 5. n:100 n. the lack of financial resources Source: ecdict
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insolvency
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insolventconditiondebtsbusinesscoursedischargedueestatefallfinancialhisinsufficiencylackownerpaypersonresourcesstatetheytradeunableusualactlaw
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