Insolvencies
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]


The Collaborative International Dictionary of English. 2000.

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