(n.) 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.
(n.) Insufficiency to discharge all debts of the owner; as, the insolvency of an estate.
Example Sentences:
(1) The GMB union said that there was a risk that vulnerable people could be made homeless, but in the event of insolvency, Southern Cross's 31,000 homes would be run by local authorities or landlords on behalf of an administrator.
(2) Slowing growth, financial fragility, governments teetering on the brink of insolvency and default, and clear signs of a public backlash against the excesses of the rich and powerful: all have created a sombre backdrop to the invitation-only affair.
(3) The boys attempted to solve two different sets of 10 find-a-word puzzles, one set following exposure to solvable puzzles, and one set following exposure to insolvable puzzles.
(4) The number of people in England and Wales entering insolvency fell in the first three months of 2012, but debt charities warned the figures represented "the tip of the iceberg" of the UK's debt problems.
(5) But the insolvency profession trade body, R3, blamed the Insolvency Service for not providing clear guidelines on how to complete the SIP 16 forms and said the changes could drive up costs.
(6) Six months later, Greece is in effect insolvent, on the brink of the common currency's first case of sovereign debt default unless it is bailed out.
(7) At that point the Bank regarded the problem as one of liquidity – a lack of cash flow – rather than the risk of insolvency.
(8) "When the economy finally does improve, the number of corporate insolvencies will continue to rise, even if at a slower rate, due to a lag effect.
(9) As a result, and regardless of how the charity is established, trustees can attract personal liability for the debts or losses of the charity where that charity finds itself in an insolvent situation.
(10) • IVAs can only be drawn up and presented to creditors by a licensed insolvency practitioner.
(11) We examined the effects of methylphenidate on the task persistence of 21 boys with attention-deficit hyperactivity disorder (ADHD), after they had been exposed to both solvable and insolvable problems.
(12) She said the company's directors could not be held liable as they step aside during the insolvency process.
(13) A charity will be considered to be insolvent when it is unable to pay its debts as they fall due.
(14) The chancellor, Alistair Darling, told MPs yesterday that the ailing mutual, the UK's 12th largest, was close to insolvency.
(15) The onerous terms of the deeply unpopular “memoranda”, agreed with foreign lenders to keep insolvent Greece afloat, would be overturned.
(16) If a bank becomes insolvent the Financial Services Compensation Scheme (FSCS) steps in.
(17) An insolvency specialist today warned of a "deluge" of business failures next year, saying the UK is in the mid-point of a W-shaped recession.
(18) Merkel has become increasingly isolated in the last fortnight over Germany's insistence that Greece's private creditors – the banks, pension funds and insurance companies holding much of the insolvent country's €340bn of debt – have to take "haircuts" or sizeable losses on their investments as part of this second deal to rescue Greece.
(19) SWANSEA CITY Accounts for the year to 31 May 2014 Ownership Martin Morgan, 23.7%; Brian Katzen, 21.1%; Swansea City Supporters Society Limited (supporters trust) 21.1%; chairman Huw Jenkins 13.2%; Robert Davies 10.5% Turnover 13th highest, £99m (up from £67m in 2013) Match income £9m Media £81m Commercial and other £9m Wage bill Joint 14th highest, £63m (up from £49m in 2013) Wages as proportion of turnover 64% Profit before tax £1m (down from £21m in 2013) Net debt Nil; £2m cash in the bank Interest payable £0.015m Highest-paid director Huw Jenkins, £550,000 State they’re in The Swans’ epic paddle from bottom division and insolvency to Premier League and new stadium owned by a consortium of fan-businessmen, including 20% held by the supporters trust, was committed to documentary with A Jack to a King.
(20) The engineering company UGL agreed to pay Leung £4m in relation to its acquisition of DTZ Holdings, an insolvent property services firm that had employed Leung as its Asia Pacific director before he took office, Melbourne-based The Age reported on Wednesday .
Merchant
Definition:
(n.) One who traffics on a large scale, especially with foreign countries; a trafficker; a trader.
(n.) A trading vessel; a merchantman.
(n.) One who keeps a store or shop for the sale of goods; a shopkeeper.
(a.) Of, pertaining to, or employed in, trade or merchandise; as, the merchant service.
(v. i.) To be a merchant; to trade.
Example Sentences:
(1) For example, the Bank of England was nationalised in 1946, but remained in effect the voice of merchant bankers in the City.
(2) A total of 2,208 male subjects, enrolled as merchant marine seamen at the Civitavecchia (Italy) harbor from 1936 to 1975 were followed up through 1989 in order to evaluate their mortality experience.
(3) Among them, tourists, servicemen and merchant seamen are the groups most at risk.
(4) He sold the first Tesco product – Tesco Tea – five years later when he bought a tea shipment from a merchant called TE Stockwell and combined their initials on the packaging.
(5) RAAF aircraft have been joined in the search by six merchant ships, with one Norwegian automobile carrier still in the area, and another on its way.
(6) Born Pauline Crispin in Liverpool, the younger daughter of an insurance company manager, she was educated at Merchant Taylor's Girls school at Great Crosby, Northampton High school, and Sutton High school.
(7) Keating was born in St Leonards-on-Sea, East Sussex, and educated at Merchant Taylors' school in Middlesex and Trinity College Dublin, where he read English and French.
(8) Eight months before the general election, the “shrink the offer” merchants are back in the ascendant.
(9) Command and control servers for Shylock, so named as its code contained quotes from Shakespeare’s Merchant of Venice, were located and seized by international law enforcement bodies, including the FBI, the German Federal Police and Europol.
(10) Inhalation is clearly related to the development of lung cancer in (copper) smelting and arsenical pesticide manufacturing, and also in heavily exposed wine merchants who had an additional source of exposure by ingestion.
(11) Consider it a metaphor: faced with a choice between saving for the future of those who have given years and decades in service to their employers, or handing some money to those who may have taken a paper stake for the most fleeting of moments, big British business favours the fast-buck merchants, every time.
(12) The stylish, varnished wooden interior and whitewashed walls has a slightly Danish feel, but General Merchant’s brunch-y, all-day menu is inspired by Australian cafe culture, where good coffee and pan-global fusion plates are the norm.
(13) "The administration's proposals … will be harmful to our US merchant marine, harmful to our national defence sealift capability, harmful to our farmers and millers and bad for our economy," said chairman James L Henry.
(14) He thinks it's complicated – though in the case of Shylock , his reworking of the Merchant of Venice , he is prepared to be specific.
(15) As Jeffreys says: “Imhotep becomes himself an iconic figure, not only architect – and possibly not one at all in the technical sense – but an early power merchant.
(16) This week a Danish cargo vessel carrying tons of the world's deadliest chemical weapons will sail into an Italian port and carefully begin transferring its lethal cargo to an ageing US merchant ship .
(17) A block north of the waterfront on Merchant Road, workmen up ladders are carefully painting corinthian capitals with yellow limewash and adjusting teak window frames, putting the finishing touches to a restoration project that offers a different model for saving heritage structures, while training local builders in the process.
(18) Lawyer Tony Merchant deposited more than US$800,000 into an offshore trust.
(19) But the rise of Ukip looks to me to be legitimising a very different view, in which the average English person will be characterised as an avowed Eurosceptic, a fierce opponent of immigration, a hang-'em-and-flog-'em merchant, and a hater of government.
(20) James Agate (1877‑1947) started out as a Manchester cotton merchant, moved to London as a shopkeeper, then rose to prominence as the most brilliant theatre critic of his day.