Insolvency
n. pl. Insolvencies ().-
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 -
Insufficiency to discharge all debts of the owner;
as, the .insolvency of an estate
Act of insolvency .
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