insolvency (Meaning of)

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Look up: insolvency

Insolvency
A legal determination occurring when a managed care plan no longer has the financial reserves or other arrangements to meet its contractual obligations to patients and subcontractors.
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Insolvency
This occurs when a business organisation is unable to generate sufficient cashflow to enable it to meet its debt obligations.
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insolvency
The concept of insolvency usually refers to insolvency under insurance regulation, which tends to be more conservative than the concept of insolvency under company law. It is different from the concept of liquidation (winding-up).
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insolvency
[n] - the lack of financial resources
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Insolvency
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 revenue to fill the gap. If you have surplus assets in you...
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Insolvency
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 insolvent, debts due to a creditor or creditors should be in excess of £750.
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insolvency
Shortfall of funds to meet all liabilities
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Insolvency
When a business cannot pay its outstanding debts, or when the value of its assets is less than the value of its debts. Insolvency can lead to the bankruptcy of individuals such as sole traders, or the winding up of a business if it is not addressed.
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Insolvency
The inability of a person or company to settle debts when they become... <a target=_blank href='http://www.finance-glossary.com/terms/insolvency.htm?id=751&ginPtrCode=00000&PopupMode=false' title='Read full definition of insolvency'>more</a>
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insolvency
Inability to pay debts when they fall due. A company is technically insolvent when its liabilities exceed its assets. Individuals who are insolvent may become bankrupt (see bankruptcy...
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insolvency
Another term for bankruptcy. Happens when individuals or businesses do not have enough resources to pay their debts
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Insolvency
see Bankrupt
Found op http://www.hmcourts-service.gov.uk/infoabout/glossary/legal.htm
Insolvency
the situation where a person or business cannot pay its debts as they fall due (see bankruptcy, liquidation and receivership).
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Insolvency
The inability of a person (or a company) to settle debts.
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insolvency
Occurs when individuals or businesses do not haveenough resources to cover their debts, or cannot pay their debts whenthey are due.
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Insolvency
In·sol'ven·cy noun ; plural 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...
Found op http://www.encyclo.co.uk/webster/I/69
Insolvency
• (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. • (n.) Insufficiency to discharge all debts of the ...
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insolvency
financial condition in which the total liabilities of an individual or enterprise exceed the total assets so that the claims of creditors cannot be ... [1 related articles]
Found op http://www.britannica.com/eb/a-z/i/25
Insolvency
Insolvency means the inability to pay one`s debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts. Business insolvency is defined in two different ways: A business may be `cash flow insolvent` but `balance sheet solvent` if...
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INSOLVENCY
The inability of a borrower to meet financial obligations as they mature or having insufficient assets to pay legal debts.
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Insolvency
The state or position of the person or entity who is incapable to meeting the liabilities even by selling off the assets possessed or by raising the funds either. Such state occurs when the debts are more than the revenues or assets.Under the law of bankruptcy, if a person is not able to meet his/he...
Found op http://www.legal-explanations.com/definitions/insolvency.htm
Insolvency
Insolvency is an individual or company that has insufficient assets to meet all liabilities or cannot pay their/its debts, as and when they fall due. An IVA assists such people to recover these debts.
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insolvency
1) Bankruptcy 2) Economic condition 3) Economic failure 4) Financial condition 5) Impoverishment 6) Liquidation 7) Red state 8) Ruin
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