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insolvency (31 synonym found)
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Definition of 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; Insufficiency to discharge all debts of the owner; as, the insolvency of an estate
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viewed 2,323 times.
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Definition of 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; Insufficiency to discharge all debts of the owner; as, the insolvency of an estate