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1. (n.) insolvency
the condition of being insolvent.
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| Definition of 'insolvency' |
Princeton's WordNet |
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1. (noun) insolvency
the lack of financial resources
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| Definition of 'insolvency' |
Webster Dictionary |
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1. (noun) insolvency
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
2. (noun) insolvency
insufficiency to discharge all debts of the owner; as, the insolvency of an estate
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