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Glossary   >   I   >   "Insolvency" Definition            Insolvency When a company can no longer meet its debt obligations with another firm or institution. The inability of a person or company to settle debts when they become payable. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Insolvency - When a company can no longer meet its debt obligations with another firm or institution.

The inability of a person or company to settle debts when they become payable.