| 释义 |
insolvency|ɪnˈsɒlvənsɪ|
[f. insolvent a.: see -ency.]
The state or condition of being insolvent; the fact of being unable to pay one's debts or discharge one's liabilities; an instance of this.
1660Jer. Taylor Duct. Dubit. iii. ii. rule vii. §ii. 121 If the Father be under torment or imprisonment for insolvency. a1687Petty Pol. Arith. (1690) 6 One fifth part was abated for non-valuers or Insolvencies. 1725Lond. Gaz. No. 6388/8 Prisoners..who intend to take the Benefit of the Act of Insolvency. 1788Priestley Lect. Hist. v. lxiv. 513 If the insolvency of one great merchant, or banker, produce great distress in a country, how dreadful must be the consequence attending the insolvency of such a nation as England! 1841Elphinstone Hist. Ind. II. 61 The king's insolvency..destroyed the credit of his tokens from the first.
b. transf. and fig. Failure to meet engagements.
1896Daily News 12 Feb. 5/5 Was there ever such a confession of diplomatic insolvency? |