INSOLVENCY


Meaning of INSOLVENCY in English

( n. )

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.

Webster's Revised Unabridged English Dictionary.      Пересмотренный полный словарь английского языка Webster.