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Insolvency

Related Terms:

condition assets safe haven software escrow nonsolvency insufficiency debts illiquidity insolvencies insolvent bankruptcy

Definitions:

Noun

insolvency

Definition: the lack of financial resources

Definition: 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.

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