becoming+bankrupt+or+insolvent

  • 1stoppage in transit — /stopsj in traenzit/ The act by which the unpaid vendor of goods stops their progress and resumes possession of them, while they are in course of transit from him to the purchaser, and not yet actually delivered to the latter. The right of… …

    Black's law dictionary

  • 2failing — n. 1. Decline, decay. 2. Miscarriage, failure. 3. Fault, foible, frailty, shortcoming, imperfection, deficiency, defect, weakness, infirmity, weak side, blind side. 4. Lapse, error, slip. 5. Bankruptcy, insolvency, becoming bankrupt or insolvent …

    New dictionary of synonyms

  • 3failure — n. 1. Deficiency, defectiveness, shortcoming. 2. Omission, neglect, fail, non performance, non observance. 3. Miscarriage, botch, abortion, ill success, flash in the pan, labor for one s pains, losing game, wild goose chase, sleeveless errand. 4 …

    New dictionary of synonyms

  • 4Civil Aspect of Bankruptcy —     Civil Aspect of Bankruptcy     † Catholic Encyclopedia ► Civil Aspect of Bankruptcy     (See also MORAL ASPECT OF BANKRUPTCY.)     Bankruptcy (La banqueroute; earlier English terms, bankruptship, bankrupture) in civil jurisprudence as well as …

    Catholic encyclopedia

  • 5bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …

    Universalium

  • 6Insolvency — means the inability to pay one s debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts. Business insolvency is defined in two different ways: Cash flow insolvency Unable… …

    Wikipedia

  • 7bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy …

    Law dictionary

  • 8Factoring (finance) — This article is about finance. For other uses, see Factor (disambiguation). Corporate finance …

    Wikipedia

  • 9Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …

    Wikipedia

  • 10Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …

    Universalium