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English Dictionary: Insolvency by the DICT Development Group
2 results for Insolvency
From WordNet (r) 3.0 (2006) [wn]:
  1. the lack of financial resources
    Antonym(s): solvency
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Insolvency \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},
No guarantee of accuracy or completeness!
©TU Chemnitz, 2006-2019
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