Home > Term: insolvency
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.
- Part of Speech: noun
- Industry/Domain: Language
- Category: Dictionaries
- Company: MICRA Inc.
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Creator
- spencer12
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