Search for crossword answers and clues
Lacking financial resources
Answer for the clue "Lacking financial resources ", 10 letters:
insolvency
Alternative clues for the word insolvency
Word definitions for insolvency in dictionaries
Wikipedia
Word definitions in Wikipedia
Insolvency is the state of being unable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent . There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when ...
Wiktionary
Word definitions in Wiktionary
n. 1 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. 2 insufficiency ...
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
1660s; see insolvent + -cy . Insolvence (1793) is rare.
WordNet
Word definitions in WordNet
n. the lack of financial resources [ant: solvency ]
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
Insolvency \In*sol"ven*cy\, n.; pl. Insolvencies . (Law) 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; ...
Usage examples of insolvency.
After lingering there many years, he was released under an act of insolvency, in consequence of which he made over the kingdom of Corsica for the use of his creditors, and died shortly after his deliverance.
If passed, the proposed legislation will close down six thousand agricultural producers, condemning ten thousand, eight-hundred ninety-six people to fiscal insolvency and unemployment.
The first blow had come from the Federal Deposit Insurance Corporation, whose auditors had swept into the offices of First Standard Eurobank of Ohio and discovered that the whole damn thing was on the verge of insolvency.
Most insolvencies are caused by bad luck, bad management and changing times.