n. 1) the condition of having more debts (liabilities) than total...

Not having enough finances or assets available to pay all your debts.

1660s, from insolvent (q.v.) + -cy. Insolvence (1793) is rare.

See solvency.

The condition of a business when liabilities (excluding ownership equity) are greater than Assets. In other words, a business can't pay it's debts. This is a first step on the road to bankru [..]

1) Generally, the state of having more debts than assets or being unable to pay debts as they come due. 2) For tax purposes, when a person who has had a debt cancelled still has more debts than assets [..]

Definition The state of being insolvent.

sounds like a scary word to many people, ringing bells of bankruptcy and creditors filing bankruptcy petitions against the poor borrower. However, the term insolvency refers to something different. Re [..]

pl: -cies 1 : the fact or state of being insolvent compare bankruptcy 2 : insufficiency (as of an estate) to discharge all enforceable debts NOTE: Insolvency matters are covered under the Bankruptcy . [..]

Inability to pay DEBTS when due.

Condition of a person who is unable to pay his debts as they fall due.

Insolvency is the condition of having more debts than available assets which might be used to pay them, even if the assets were mortgaged or sold. It is the inability of an individual or entity to pay [..]

The inability to settle debts when they are due.

The inability of a person or company to settle debts when they become payable.

Refers to the inability to meet one's financial commitments and, in addition to over-indebtedness, is the reason for bankruptcy and composition proceedings. If the borrower/lessee becomes insolve [..]

Insolvency occurs when liabilities exceed assets; while not synonymous with bankruptcy or illiquidity, it typically leads to either or both.

see inability to pay.

Situation where a debtor is unable to pay its debt.

The value of all the consumer's assets is not enough to repay all the debts.

A situation where an entity has insufficient assets to cover the value of its liabilities, resulting in an inability to meet its financial obligations as they fall due.

Insolvency is usually defined as a financial state in which a company can no longer pay its bills or other obligations on time. It happens when liabilities – or debts – are greater than assets and cas [..]

(n) the lack of financial resources

The inability of a borrower to honour debts when due. Opposite: Solvency.

When liabilities exceed assets. Also, the inability to pay debts when due. See Bankruptcy.

The state of legal insolvency with assets taken over by judicial process so that they may be distributed among creditors.

An inability to pay debts as they fall due, or where a debtor's total assets are exceeded by his or her liabilities. The law in this area is regulated by the Insolvency Act 1986. To be declared i [..]

Insurerís inability to pay debts. Insurance insolvency standards and the regulatory actions taken vary from state to state. When regulators deem an insurance company is in danger of becoming insolvent [..]

The inability of an insurer to maintain capital and surplus above the minimum standard of capital and surplus required by law.

Insurer's inability to pay debts. Insurance insolvency standards and the regulatory actions taken vary from state to state. When regulators deem an insurance company is in danger of becoming i [..]

Insurer’s inability to pay debts. Insurance insolvency standards and the regulatory actions taken vary from state to state. When regulators deem an insurance company is in danger of becoming insolvent [..]

A situation where a person is unable to pay debts as and when they fall due for payment.

Insurer's inability to pay debts. Insurance insolvency standards and the regulatory actions taken vary from state to state. When regulators deem an insurance company is in danger of becoming i [..]

Another term for bankruptcy. Happens when individuals or businesses do not have enough resources to pay their debts.

The state of being unable to pay one's debts.

The inability of a person (or a company) to settle debts.

Inability or lack of means to pay debts.

n. 1) the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold. 2) a determination by a bankruptcy court that [..]

a situation where an entity has insufficient assets to cover the value of its liabilities, resulting in an inability to meet its financial obligations as they fall due.

Insurer’s inability to pay debts. Insurance insolvency standards and the regulatory actions taken vary from state to state. When regulators deem an insurance company is in danger of becoming insolvent [..]

Defined as having insufficient assets to meet all debts, or being unable to pay debts as and when they are due. If a creditor can establish either test, he will be able to present a Winding-up Petitio [..]

Defined as having insufficient assets to meet all debts, or being unable to pay debts as and when they are due. If a creditor can establish either test, he will be able to present a winding-up petitio [..]

Insolvency is the state of not having enough assets to meet all debts, or being unable to pay debts as and when they are due. If a creditor can establish that an individual or company is insolvent, he [..]

In Roman law, the “fallere” was the deceiver, the one who had intentionally misled a penniless debtor, even his creditors. Hence the origin of the French word ‘faillite”. [..]

This is defined as having insufficient assets to meet all debts, or being unable to pay debts as and when they are due. If a creditor can establish either test, he will be able to present a winding-up [..]

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 busin [..]

Surveyors are increasingly involved in insolvency based transactions, working towards the principle of promoting a culture of rescue, rather than recovery. Surveyors will be able to advise in insolven [..]

The inability to pay one’s debts as they fall due.