1) Bankruptcy 2) Economic condition 3) Economic failure 4) Feared red state 5) Financial condition 6) Impoverishment 7) Liquidation 8) Ruin
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https://www.crosswordclues.com/clue/insolvency
1) Penury
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https://www.crosswordclues.com/clue/insolvency
Technical insolvency occurs when an individual or a firm is unable to meet their financial obligations. Accounting insolvency happens when total liabilities exceed total assets (negative net worth). Cash flow insolvency involves a lack of liquidity to pay debts as they fall due. Balance sheet insolvency involves having negative net assets—where ...
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http://en.wikipedia.org/wiki/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 owner; as, the insolvency of an estate.Insolvency:...
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http://thinkexist.com/dictionary/meaning/insolvency/
Another term for bankruptcy. Happens when individuals or businesses do not have enough resources to pay their debts
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http://www.aviva.com/glossary/
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]
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http://www.britannica.com/eb/a-z/i/25
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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http://www.encyclo.co.uk/local/20102
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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http://www.encyclo.co.uk/local/20197
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 your balance sheet but are making losses, you become ...
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http://www.encyclo.co.uk/local/20456
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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http://www.encyclo.co.uk/local/20460
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), while...
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http://www.encyclo.co.uk/local/20688
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/her liability, some portion of the debt is waived of...
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http://www.encyclo.co.uk/local/21213
Not having enough finances or assets available to pay all your debts
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http://www.encyclo.co.uk/local/22643
Shortfall of funds to meet all liabilities
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http://www.encyclo.co.uk/visitor-contributions.php
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 course of trade and business; as, a merchant's
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http://www.encyclo.co.uk/webster/I/69
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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http://www.finance-glossary.com/pages/home.htm
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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http://www.ft.com/Common/HelpPages/tools.help.glossaryi.html
1) Generally, the state of having more debts than assets or being unable to pay debts as they come due. 2) For tax purposes, when a person who has had a debt cancelled still has more debts than assets. Someone who is insolvent even after a debt is cancelled does not have to pay income tax on the amount of the cancelled debt.
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http://www.nolo.com/dictionary/insolvency-term.html
see Bankrupt
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https://www.encyclo.co.uk/local/20911
the situation where a person or business cannot pay its debts as they fall due (see bankruptcy, liquidation and receivership).
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https://www.encyclo.co.uk/local/20914
The inability of a borrower to meet financial obligations as they mature or having insufficient assets to pay legal debts.
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https://www.encyclo.co.uk/local/21181
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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https://www.encyclo.co.uk/local/21607
the condition of being insolvent; bankruptcy.
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https://www.infoplease.com/dictionary/insolvency
Insolvency can be defined as the situation in which any organization or individual is unable to meet its short-term or immediate debt obligations. It can also be easily explained as the inability of a person or organization to pay its creditors.
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https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
the lack of financial resources
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https://www.vocabulary.com/lists/1007582
No exact match found.
