Definition for IN-SOLV'EN-CY

IN-SOLV'EN-CY, n. [infra.]

  1. Inability of a person to pay all his debts; or the state of wanting property sufficient for such payment; as, a merchant's insolvency.
  2. Insuficiency to discharge all debts of the owner; as, the insolvency of an estate. Act of insolvency. [See infra, Insolvent law.]

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