Insolvency
101absolute insolvency — lack of any ability to pay off debts …
102practical insolvency — absence of the ability to repay debts but has not yet officially declared bankruptcy …
103act of insolvency — See act of bankruptcy …
104act of insolvency — See act of bankruptcy …
105assignee in insolvency — The person to whom an insolvent debtor makes an assignment for the benefit of his creditors. See trustee in bankruptcy …
106contemplation of insolvency — The attitude of the officers of a bank when it becomes known, or reasonably should be apparent, to them that the bank presently will be unable to meet its obligations and will be obliged to suspend its ordinary operations. Smith v Baldwin, 63 App …
107act of insolvency — see act of bankruptcy …
108Insolvencies — Insolvency In*sol ven*cy, n.; pl. {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… …
109Неплатежеспособность/банкротство — INSOLVENCY/BANKRUPTCY Неспособность физического или юридического лица платить по своим долговым обязательствам. Активы банкрота распродаются, а выручка от их продажи распределяется между кредиторами. См. Insolvency Act, 1986 …
110Неплатежеспособность — (insolvency), неспособность вовремя платить долги или выполнять обязательства. Неплатежеспособным может стать как отд. лицо, так и фирма; последняя считается таковой, если ее пассивы превышают активы (исключая собственный капитал в виде акций). Н …