Insolvency
91notorious insolvency — A condition of insolvency which is generally known throughout the community or known to the general class of persons with whom the insolvent has business relations …
92act of insolvency — An act or omissions of a debtor which justifies the filing of a petition in insolvency against him, such as making a general assignment for the benefit of creditors, failure to procure the dissolution of an attachment of his property,… …
93in contemplation of insolvency — See contemplation of insolvency …
94involuntary insolvency — A proceeding under a state insolvency statute brought against an alleged insolvent. 29 Am J Rev ed Insolv § 14. See involuntary bankruptcy …
95open and notorious insolvency — See open insolvency …
96petition in insolvency — A petition, voluntary or involuntary, for the adjudication of a person as an insolvent, to the purpose that insolvency proceedings may ensue, wherein such assets as the insolvent has may be distributed according to law. 29 Am J Rev ed Insolv § 14 …
97proceeding in insolvency — Any assignment for the benefit of creditors or other proceeding intended to liquidate or rehabilitate the estate of the person involved. UCC § 1 201(22). A proceeding wherein a person may be adjudicated insolvent and the assets of his estate be… …
98Bank Insolvency — #REDIRECT bank run …
99Accounting insolvency — Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books. The New York Times Financial Glossary …
100accounting insolvency — Total liabilities ( liability) exceed total assets. A firm with a negative net worth is insolvent on the books. Bloomberg Financial Dictionary …