(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 .
Solvency
Definition:
(n.) The quality or state of being solvent.
Example Sentences:
(1) The FSA was fretting about solvency when liquidity was the problem.
(2) Without Solvency II we wouldn't be having this debate."
(3) They recognise there is a risk now that needs to be properly managed.” Asked if countries or companies could have their credit ratings downgraded because they were not properly managing the risk of extreme weather to their economies or solvency, Douglas said: “Absolutely yes.” Prof Andrew Watkinson, at the University of East Anglia and not part of the research team, said: “This timely report reminds us that extreme weather events affect us all, that we are not as resilient to current extreme events as we could be, and that the nature of extreme events is likely to change in the future.
(4) The effects on the agencies include attempting to maintain financial solvency while providing quality health care services; maintaining staff morale and productivity; making hi-tech services available at an increased cost on a 24-hour basis by qualified staff to remain competitive; and guaranteeing safe, sound policies and procedures for patients and staff.
(5) He said film studios and music labels had done everything they could to keep HMV alive, agreeing a year ago to take some of the company's solvency risk to allow it to keep trading.
(6) • The Bank fully supported the increase in national debt sanctioned by the then Labour government to rescue the banks and considered the action to be no threat to the solvency of the UK.
(7) We’ve therefore cut the amount of teaching we have to give to our students to the bone,” says Thomson, but it is a plan that will secure the future solvency of the college, rated outstanding by Ofsted in 2012.
(8) In his letter to the Guardian, Hayes continued: “The only time Libor rates were dishonest and inaccurate was during what became known as the ‘lowballing’ period, when senior bankers and central bankers conspired to mislead investors about the banks’ solvency [by suggesting that they could borrow money cheaper than they really could in order to camouflage fears banks’ finances were under strain].” Facebook Twitter Pinterest Tom Hayes with his wife, Sarah.
(9) Bank runs, if they occur, will likely arise because of existential risks about the euro, rather than solvency or liquidity risks about banking systems," the UBS economists warned.
(10) After months of drama in the eurozone and its own solvency hanging by a thread, Greece reacted with euphoria on Tuesday at the news that international creditors had decided to not only revitalise its rescue programme, releasing long-overdue aid, but cut €40bn (£32bn) from its debt mountain.
(11) King again stressed that he did not regard the crisis as one of liquidity but as one about solvency and "the buildup of very large amounts of debt where concerns crept in on the ability of the borrowers to repay that debt".
(12) interactive The Charity Commission’s guidance to all charities on reserves states: “Deciding the level of reserves that a charity needs to hold is an important part of financial management and forward financial planning … if reserves are too low then the charity’s solvency and its future activities can be put at risk.” The senior source who spoke to the Guardian said Kids Company had an ethos that the money which came in should be spent on the children in need.
(13) In this report, we describe the result of an extensive investigation of the effects of the conformations of proteins on the solvency of the bulk-phase water in which the proteins are dissolved.
(14) And yes, it is the madness of the right: if not for the extremism of anti-tax Republicans, we would have no trouble reaching an agreement that would ensure long-run solvency.
(15) The European Central Bank has warned that if other ratings agencies echo S&P's judgment, it could be forced to stop accepting Greek bonds as collateral, jeopardising the solvency of parts of the European banking sector.
(16) The insurer, which generates nearly half of its sales in Asia, reiterated that it would consider moving its headquarters abroad depending on the outcome of the new rules being debated in Brussels, known as Solvency II, which are due to come into force in 2014.
(17) Speaking at Camp David, Hollande said European leaders were trying to balance the competing aims of reining in their budgets while stimulating their economies: "As President Obama noted, we need to pursue these two goals simultaneously: budgetary solvency and maximum growth."
(18) As the memorandum says, “all measures, legislative or otherwise, taken during the programme period, which may have an impact on banks’ operations, solvency, liquidity, asset quality etc should be taken in close consultation” with the troika.
(19) Requirements for insurance companies to support their solvency by owning a large proportion of gilts and bonds, and the Bank of England's rounds of quantitative easing, have both had a negative effect on annuity rates, and there seems to be little prospect of these improving in the short to medium term.
(20) Britain's biggest insurer warned in March that the Solvency II rules under discussion in Brussels risked destroying its American business and could force it out of the UK, with Hong Kong seen as the most likely new domicile.