become+insolvent

  • 1 become insolvent — index fail (lose), overdraw Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 2 insolvent liquidation — Insolvency means being unable to pay your debts. For a company, this essentially means that there is a deficit in your balance sheet; your tangible assets are less than your liabilities, and your business does not generate sufficient surplus… …

    Law dictionary

  • 3 insolvent — (1) The inability to pay ones debts as they come due. (2) When one s liabilities exceed the value of one s assets. An exemption under state or federal law which protects all or a portion of the homestead (SA Bankruptcy.com) Inability of a person… …

    Glossary of Bankruptcy

  • 4 insolvent — [in säl′vənt] adj. 1. not solvent; unable to pay debts as they become due; bankrupt 2. not enough to pay all debts [an insolvent inheritance] 3. of insolvents or insolvency n. an insolvent person …

    English World dictionary

  • 5 insolvent person — A person who is not bankrupt and whose liabilities exceed his assets and/or ability to pay. The BIA contains a statutory definition that differs from this general definition as follows: means a person who is not bankrupt and who resides or… …

    Glossary of Bankruptcy

  • 6 insolvent — (adj.) 1590s, unable to pay one s debts, from IN (Cf. in ) (1) not + L. solventem paying (see SOLVENT (Cf. solvent)). Originally of one who was not a trader; only traders could become bankrupt …

    Etymology dictionary

  • 7 Insolvent — A firm that is unable to pay debts (liabilities are greater than assets). The New York Times Financial Glossary * * * insolvent in‧sol‧vent [ɪnˈsɒlvənt ǁ ɪnˈsɑːl ] adjective ACCOUNTING LAW a person or company that is insolvent does not have… …

    Financial and business terms

  • 8 insolvent — A firm that is unable to pay debts (its liabilities ( liability) exceed its assets). Bloomberg Financial Dictionary * * * insolvent in‧sol‧vent [ɪnˈsɒlvənt ǁ ɪnˈsɑːl ] adjective ACCOUNTING LAW a person or company that is insolvent does not have… …

    Financial and business terms

  • 9 insolvent — Characterizing a person who either has ceased to pay his debts in the ordinary course of business, cannot pay his debts as they become due, or is insolvent within the meaning of the Federal Bankruptcy Act. UCC § 1 201(24). One in a condition of… …

    Ballentine's law dictionary

  • 10 Trading while insolvent — is unlawful in a number of legal systems, and may result in the directors becoming personally liable for a company s assets. Under UK insolvency law trading once a company is legally insolvent can trigger several provisions of the Insolvency Act… …

    Wikipedia

  • 11 Trading while insolvent (UK) — In many legal systems, once a company becomes insolvent, the directors have to take particular care. Under UK law, trading while insolvent can trigger several provisions under the Insolvency Act 1986 which may have the effect of making directors… …

    Wikipedia

  • 12 go broke — become insolvent, become poor …

    English contemporary dictionary

  • 13 go bankrupt — become insolvent, declare legal inability to pay off debts, go broke …

    English contemporary dictionary

  • 14 United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …

    Wikipedia

  • 15 bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… …

    Universalium

  • 16 insolvency — in·sol·ven·cy /in säl vən sē/ n pl cies 1: the fact or state of being insolvent compare bankruptcy 2: insufficiency (as of an estate) to discharge all enforceable debts ◇ Insolvency matters are covered under the Bankruptcy Code. Merriam …

    Law dictionary

  • 17 Self-fulfilling prophecy — Sociology …

    Wikipedia

  • 18 Nonpayment — (Roget s Thesaurus) < N PARAG:Nonpayment >N GRP: N 1 Sgm: N 1 nonpayment nonpayment Sgm: N 1 default default defalcation Sgm: N 1 protest protest repudiation Sgm: N 1 application of the sponge| application of the sponge| =>! Sgm …

    English dictionary for students

  • 19 Pratibha Patil — Her Excellency Pratibha Patil प्रतिभा पाटील President of India Incumbent …

    Wikipedia

  • 20 Barker v. Corus — Barker v Corus (UK) plc [2006] UKHL 20 is a notable House of Lords decision in the area of industrial liability in English law, which deals with the area of causation. In this case, the House of Lords reconsidered its ruling in the earlier… …

    Wikipedia