English definition of Insolvency

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Definition of insolvency

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Insolvency (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..

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Insolvency :: Insolvency (n.) Insufficiency to discharge all debts of the owner; as, the insolvency of an estate..

Suggestion :: Suggestion (n.) Information without oath; an entry of a material fact or circumstance on the record for the information of the court, at the death or insolvency of a party..

Insolvency :: Insolvency (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..

Nonsolvency :: Nonsolvency (n.) Inability to pay debts; insolvency.