insolvencyn.
/ɪnˈsɒlvənsi/ a. 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.
ΘΚΠ
society > trade and finance > management of money > insolvency > [noun]
insolvency1660
non-solvency1708
insolvence1793
1660 Bp. J. Taylor Ductor Dubitantium II. iii. ii. Rule 7 § ii. 121 If the Father be under torment or imprisonment for insolvency.
a1687 W. Petty Polit. Arithm. (1690) 6 One fifth part was abated for non-valuers or Insolvencies.
1725 London Gaz. No. 6388/8 Prisoners..who intend to take the Benefit of the Act of Insolvency.
1788 J. Priestley 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!
1841 M. Elphinstone Hist. India II. vi. iii. 61 The king's insolvency..destroyed the credit of his tokens from the first.
b. transferred and figurative. Failure to meet engagements.
ΘΚΠ
the world > action or operation > inaction > not doing > [noun] > non-performance or non-execution
non-performing1444
non-execution1473
non-performance1509
undoing1587
unperformance1608
abortion1610
failure1643
unperforming1645
inexecution1681
disfulfilment1823
insolvency1896
slippage1920
1896 Daily News 12 Feb. 5/5 Was there ever such a confession of diplomatic insolvency?
This entry has not yet been fully updated (first published 1900; most recently modified version published online March 2019).
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n.1660