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Webster 1913 Edition

Insolvency

In-sol′ven-cy

,
Noun.
;
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
,
Adj.

Webster 1828 Edition

Insolvency

INSOLV'ENCY

,
Noun.
[infra.] Inability of a person to pay all his debts; or the state of wanting property sufficient for such payment; as a merchant's insolvency.
1.
Insufficiency to discharge all debts of the owner; as the insolvency of an estate.
Act of insolvency. [See infra, Insolvent law.]

Definition 2024

insolvency

insolvency

English

Noun

insolvency ‎(plural insolvencies)

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

Antonyms

Translations

Etymology

insolvent +‎ -cy

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