'Insolvency' definitions:
Definition of 'Insolvency'
From: GCIDE
- 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. [1913 Webster]
- Act of insolvency. See Insolvent law under Insolvent, a. [1913 Webster]
Synonyms of 'insolvency'
From: Moby Thesaurus
- bankruptcy,
- bouncing check,
- broken fortune,
- bust,
- collapse,
- crash,
- difficulties,
- distress,
- embarrassment,
- failure,
- genteel poverty,
- hard pinch,
- hardship,
- impecuniosity,
- impecuniousness,
- insufficient funds,
- kited check,
- light purse,
- narrow means,
- overdraft,
- overdrawn account,
- poorness,
- poverty,
- receivership,
- slender means,
- straitened circumstances,
- straits,
- tight squeeze,
- unprosperousness,
- voluntary poverty,
- vows of poverty