Associations to the word «Insolvency»

Wiktionary

INSOLVENCY, noun. 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.
INSOLVENCY, noun. Insufficiency to discharge all debts of the owner; as, the insolvency of an estate.
INSOLVENCY, noun. The condition of having more debts than assets.

Dictionary definition

INSOLVENCY, noun. The lack of financial resources.

Wise words

Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.
Leo Buscaglia