Associations to the word «Insolvency»

Wiktionary

INSOLVENCY, noun. 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.
INSOLVENCY, noun. Insufficiency to discharge all debts of the owner; as, the insolvency of an estate.
INSOLVENCY, noun. The condition of having more debts than assets.

Dictionary definition

INSOLVENCY, noun. The lack of financial resources.

Wise words

Words differently arranged have a different meaning, and meanings differently arranged have different effects.
Blaise Pascal