insolvency


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in·sol·ven·cy

 (ĭn-sŏl′vən-sē)
n. pl. in·sol·ven·cies
1. The condition of being insolvent.
2. An instance of being insolvent.

in•sol•ven•cy

(ɪnˈsɒl vən si)

n.
the condition of being insolvent.

insolvency

The condition of being unable to pay debts or of having greater liabilities than assets.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.insolvency - the lack of financial resources
bankruptcy, failure - inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"
financial condition - the condition of (corporate or personal) finances
solvency - the ability to meet maturing obligations as they come due

insolvency

noun bankruptcy, failure, ruin, liquidation Seven of the eight companies are on the brink of insolvency.

insolvency

noun
The condition of being financially insolvent:
Translations

insolvency

[ɪnˈsɒlvənsɪ] N [of company] → insolvencia f

insolvency

[ɪnˈsɒlvənsi] n (= bankruptcy) → insolvabilité f

insolvency

nZahlungsunfähigkeit f, → Insolvenz f (geh)

insolvency

[ɪnˈsɒlvnsɪ] ninsolvenza
References in classic literature ?
In the matter of Treason the pig would appear To have aided, but scarcely abetted: While the charge of Insolvency fails, it is clear, If you grant the plea 'never indebted.
I do not think this general insolvency, which involves in some sort all the population, to be the reason of the difficulty experienced at Christmas and New Year and other times, in bestowing gifts; since it is always so pleasant to be generous, though very vexatious to pay debts.
The pleasantest was to dine luxuriously at some expensive restaurant; and then, after declaring insolvency, be handed over quietly and without uproar to a policeman.
I am not sure that I shall succeed, but it is the only thing that will save me from insolvency, and I am trying.
Some people said he had speculated unfortunately in railways, others that he was being bled by one of the most insatiable members of her profession; and to every report of threatened insolvency Beaufort replied by a fresh extravagance: the building of a new row of orchid-houses, the purchase of a new string of race-horses, or the addition of a new Meissonnier or Cabanel to his picture-gallery.
To question him in detail, and endeavour to reconcile his answers; to closet him with accountants and sharp practitioners, learned in the wiles of insolvency and bankruptcy; was only to put the case out at compound interest and incomprehensibility.
when I told you how she, on the contrary, deserted me: the idea of my insolvency cooled, or rather extinguished, her flame in a moment.
To see our young men, brightly dressed and cigarettes alight, wheeling off to the rendezvous, Grubb guiding the lady's machine beside him with one skilful hand and Bert teuf-teuffing steadily, was to realise how pluck may triumph even over insolvency.
13 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI) for effective implementation of the Insolvency and Bankruptcy Code and its allied rules and regulations, through a quick and efficient resolution process.
The Insolvency and Bankruptcy Code, 2016 (Code) provides for reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of the value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders and, for this purpose, has established an institutional infrastructure comprising of Adjudicating Authorities, the IBBI, insolvency professionals, insolvency professional agencies and information utilities.
The figures, released by the Insolvency Service, are made up of three types of personal insolvency - bankruptcies; individual voluntary arrangements (IVAs), where money is shared out between creditors; and debt relief orders (DROs), which are aimed at people with lower amounts of debt but no realistic prospect of paying it off.
The figures, released by the Insolvency Service, are made up of three types of personal insolvency - bankruptcies; individual voluntary arrangements, where money is shared out between creditors; and debt relief orders, which are aimed at people with lower amounts of debt but no realistic prospect of paying it off.