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Insolvency   /ɪnsˈɑlvənsi/   Listen
Insolvency

noun
(pl. insolvencies)
1.
The lack of financial resources.






WordNet 3.0 © 2010 Princeton University








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"Insolvency" Quotes from Famous Books



... other side, you can readily suppose any question of the validity of his title would make him very nervous; once convinced of his mistake, he would hasten to another church, just as he would change his insurance policies, when satisfied of the insolvency of the company which had ...
— The Continental Monthly, Vol. IV. October, 1863, No. IV. - Devoted to Literature and National Policy. • Various

... accept the assurance of your friends who truly have your best interests at heart. Their statements will be confirmed, I know, by the lawyers who are engaged in settling up the estate of your father. Do not, I beg of you, inquire too closely into the details of your father's insolvency." ...
— The Crevice • William John Burns and Isabel Ostrander

... right to refuse to perform a duty than to refuse to pay a debt. Moral insolvency is certain to him who neglects and disregards his duty to his fellow-men. Nor can we hire another to perform our duty. The mere accident of having money does not release you from your duty to the world. Nay, it increases it, for it enables ...
— Architects of Fate - or, Steps to Success and Power • Orison Swett Marden

... of malice very surprising in one so placable, and an obstinacy remarkable in one so weak, refused from that day forward to exercise the least captaincy on his expenses. He wasted what he would; he allowed his servants to despoil him at their pleasure; he sowed insolvency; and, when the crop was ripe, notified his father with exasperating calm. His own capital was put in his hands, he was planted in the diplomatic service, and told he ...
— The Works of Robert Louis Stevenson - Swanston Edition Vol. 13 (of 25) • Robert Louis Stevenson

... weapon might fail in an emergency. Colt found a market in Texas and among the frontiersmen who were fighting the Seminole War in Florida, but the sales were insufficient, and in 1842 the company was obliged to confess insolvency and close down the plant. Colt bought from the company the patent of the revolver, which was supposed ...
— The Age of Invention - A Chronicle of Mechanical Conquest, Book, 37 in The - Chronicles of America Series • Holland Thompson

... communicate as the Lord has prospered him, and he will see that the Lord will act according to what is contained in this verse. If pride constrain us to give, if self-righteousness make us liberal, if natural feeling induce us to communicate, or if we give whilst we are in a state of insolvency, not possessing more perhaps than ten shillings in the pound, were our creditors to come upon us; then we cannot expect to have this verse fulfilled in our experience; nor should we give at any time for the sake of receiving again from others, according to this verse; but if indeed ...
— The Life of Trust: Being a Narrative of the Lord's Dealings With George Mueller • George Mueller

... such a bill as this is to my mind an act of folly that is almost criminal. From this moment I abandon all my ideas of nursing your estate, of providing comfortably for our future. Henceforward we must drift towards insolvency, like other people. It would be worse than useless for me to go on racking my brains in the endeavour to secure a given result, when behind my back your thoughtless extravagance is stultifying ...
— Vixen, Volume III. • M. E. Braddon

... might enable him to put by for himself large sums of money, in case he were forced to go into bankruptcy through the affairs of the bank. After many ups and downs, which were profitable to none but Madame Roguin and du Tillet, Roguin heard the fatal hour of his insolvency and final ruin strike. His misery was then worked upon by his faithful friend. Ferdinand invented the speculation in lands about the Madeleine. The hundred thousand francs belonging to Cesar Birotteau, which were in the hands of the notary, were made over to du Tillet; for the latter, whose object ...
— Rise and Fall of Cesar Birotteau • Honore de Balzac

... hussars when he left the service. During the Restoration he was, in turn, cow-keeper on the rue du Petit-Banquier, keeper of a livery-stable, and cabman. As cow-keeper, Vergniaud, having a wife and three sons, being in debt to Grados, and giving too generously to Chabert, ended in insolvency; even then he aided Luigi Porta, again in trouble, and was his witness when that Corsican married Mademoiselle di Piombo. Louis Vergniaud, being a party to the conspiracies against Louis XVIII., was imprisoned for his share in these crimes. ...
— Repertory Of The Comedie Humaine, Complete, A — Z • Anatole Cerfberr and Jules Franois Christophe

... half of 1836 went by in the usual struggle, and in September Haydon was thrown into prison for the fourth time. On November 17 he passed through the Insolvency Court, and on the following Sunday he records: 'Went to church, and returned thanks with all my heart and soul for the great mercies of God to me and my family during my imprisonment.... (29th) Set ...
— Little Memoirs of the Nineteenth Century • George Paston

... pittance; short allowance, short commons; half rations; banyan day. emptiness, poorness &c adj.; depletion, vacancy, flaccidity; ebb tide; low water; a beggarly account of empty boxes [Romeo and Juliet]; indigence &c 804; insolvency &c (nonpayment) 808. V. be insufficient &c adj.; not suffice &c 639; come short of &c 304; run dry. want, lack, need, require; caret; be in want &c (poor) 804, live from hand to mouth. render insufficient ...
— Roget's Thesaurus of English Words and Phrases: Body • Roget

... Public spirit abounded, and the men of that day evidently felt as men should feel who are destined to be the ancestors of great cities. In 1837, when the business affairs of Chicago were in a distressing state, and private insolvency was rather the rule than the exception, many debtors and a few demagogues called a public meeting, the real though not the avowed object of which was to bring about some form of repudiation. Some inflammatory suggestions, designed to excite to desperate thoughts those whose affairs were cruelly ...
— The Continental Monthly, Vol. III, No. V, May, 1863 - Devoted to Literature and National Policy • Various

... meaning, though in ambiguous terms, against a certain silk-manufacturer in Spitalfields, with whom they had had straightforward business dealings for many years; but to whom they had latterly advanced money. The letters hinted at the utter insolvency of this manufacturer. They had urged their correspondent to give them his name in confidence, and this morning's letter had brought it; but the name was totally unknown to them, though there seemed no reason to doubt the reality of either it or the address, ...
— Sylvia's Lovers, Vol. II • Elizabeth Gaskell

... 'Every Other Week' is at a disadvantage before the public as long as it's supposed to be my enterprise, my idea. As far as I'm known at all, I'm known simply as a syndicate man, and nobody in the press believes that I've got the money to run the thing on a grand scale; a suspicion of insolvency must attach to it sooner or later, and the fellows on the press will work up that impression, sooner or later, if we don't give them something else to work up. Now, as soon as I begin to give it away to the correspondents that you're ...
— Henry James, Jr. • William Dean Howells

... the main line of the Northern, and the latter on the C. & S.C., both of which are trunk lines from Chicago to the West. The M. & T. was not a money-making affair; it had cost a lot of money, its stock was away down, and it trembled on the brink of insolvency until Jim Weeks took hold of it. He put money into it, straightened out its tangled affairs, and incidentally made some enemies in the board of directors. There were coal mines on the line near Sawyerville, ...
— The Short Line War • Merwin-Webster

... parish is in debt; every day adds to the number of paupers and diminishes that of ratepayers. These are principally small shopkeepers, who are beggared by the rates. The district is in a complete state of insolvency and hopeless poverty, yet they multiply, and while the people look squalid and dejected, as if borne down by their wretchedness and destitution, the children thrive and are healthy. Government is ready to interpose with assistance, but what ...
— The Greville Memoirs - A Journal of the Reigns of King George IV and King William IV, Vol. II • Charles C. F. Greville

... insolvency there went all that was fetched by the sale of the stock and the goodwill of the business and all that Mrs. Ransome had put into the business, including what she had saved out of her tiny income. As for Ranny's savings ...
— The Combined Maze • May Sinclair

... Scott or Bulwer. Even now you could see she had come as near being romantically beautiful as was consistently proper for such a timid, gentle little gentlewoman as she was. Reduced, by her husband's insolvency (coincident with his demise) to "keeping boarders," she did it gracefully, as if the urgency thereto were only a spirit of quiet hospitality. It should be added in haste that she set an ...
— Beasley's Christmas Party • Booth Tarkington

... he preached in his "Diary," and afterwards in his romances, beginning with "Crime and Punishment," Dostoevsky has something in common with Count L. N. Tolstoy. Both writers were disenchanted as to European progress, admitted the mental and moral insolvency of educated Russian society, and fell into despair, from which the only escape, so it seemed to them, was becoming imbued with the lively faith of the common people, and both authors regarded this faith as the sole means of getting into real communion with the people. Then, becoming more ...
— A Survey of Russian Literature, with Selections • Isabel Florence Hapgood

... his days to advancing the interests of the Company, his nights, save when sleep overcame him, to potations that would have buried an ordinary man under Alaskan snows long since. But Baranhov had fourteen years more of good service in him, and rescued the Company from insolvency again and again, nor ever played into the hands of marauding foreigners; with brain on fire he ...
— Rezanov • Gertrude Atherton

... political line, happened to be a usurper. We ourselves made the Rajah of Oude into a king; we ourselves more than once saved the supreme Shah (i. e. the Great Mogul) from military ruin, and for many a year saved him and his from the painful condition of insolvency. But all this is said in the way of parenthesis. In another number, a sketch of our Indian Empire, in its growth and early oscillations, may be presented to the reader, specially adapted to the use of those whose reading has not lain in that direction. Now let us ...
— The Uncollected Writings of Thomas de Quincey—Vol. 1 - With a Preface and Annotations by James Hogg • Thomas de Quincey

... the thought that I must submit to the tyranny of a band of robbers. I determined to fight to the last. Four years of business at a net loss, drove me into insolvency; then a mortgage was placed upon my freehold, to be followed by foreclosure. I still struggled on, under the delusion that I was in a free land and that the Trust iniquities would not be permitted to crush ...
— The Transgressors - Story of a Great Sin • Francis A. Adams

... prevailed. Mr. Gunning being indebted to Mr. Loane, a merchant, agreed to pay him in cattle: this arrangement was superseded. Fearing, notwithstanding, that his claim would be damaged by a general insolvency, Loane took with him seven men, and swept from Gunning's premises a herd of various ownership. For this he was called in question by the police as a felon: in retaliation, he instituted actions for malicious prosecution. Crossley, an emancipist lawyer, issued ...
— The History of Tasmania, Volume I (of 2) • John West

... bancus or Fr. banque, table or counter, and Lat. ruptus, broken), the status of a debtor who has been declared by judicial process to be unable to pay his debts. Although the terms "bankruptcy" and "insolvency" are sometimes used indiscriminately, they have in legal and commercial usage distinct significations. When a person's financial liabilities are greater than his means of meeting them, he is said to be "insolvent"; ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 - "Baconthorpe" to "Bankruptcy" • Various

... this the insolvency of the Second National Bank of New York, for a very large sum, became public, and the alleged gross misconduct of the president of that bank, John C. Eno, became a matter of public notoriety. Steps were taken by the officers and stockholders of the bank, including the father ...
— Recollections of Forty Years in the House, Senate and Cabinet - An Autobiography. • John Sherman

... knows there is no such amount of cash in the United States, and what would be the course with what they really have there? Their notes are refused. Cash is called for. The inhabitants of the banking towns will get what is in the vaults, until a few banks declare their insolvency; when, the general crush becoming evident, the others will withdraw even the cash they have, declare their bankruptcy at once, and leave an empty house and empty coffers for the holders of their notes. ...
— Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson - Volume I • Thomas Jefferson

... volume, with the title, "Tales of a Grandmother," which was published by subscription. In the following year the tales, with some additions, were published, in two duodecimo volumes, by Constable and Co.; but the subsequent insolvency of the publishing firm deprived the author of the profits of the sale. Crawford, along with two literary coadjutors, next started a weekly serial at Ayr, entitled The Correspondent, but the publication, in the course of a few months, was abandoned. ...
— The Modern Scottish Minstrel, Volume VI - The Songs of Scotland of the Past Half Century • Various

... no sooner was it adopted by the one paper, than the other followed closely in the line chalked out. The regular City article appears only to have had existence since 1824-25, when the first effect of that over-speculating period was felt in the insolvency of public companies, and the breakage of banks. Contributions of this description had been made and published, as already noticed, in separate paragraphs throughout the papers as early as 1811 and 1812; but these took no very prominent position till ...
— Old and New London - Volume I • Walter Thornbury

... have been very different, and the insolvency of many provincial Banking Companies, of the most established reputation for stability, has greatly distressed the country, and alarmed London itself, from the necessary reaction of their misfortunes upon their correspondents in ...
— Political Pamphlets • George Saintsbury

... squandered their estate, perchance in idleness and luxurious living, or have wasted it in vanities or misdirected ambition. Having become bankrupts in health, there is necessarily a failure of the menstrual function, and then follows a panic. All the blame of the insolvency and general derangement, is unjustly attributed to the non-performance of the duties of the uterus. Thus, this organ is altogether dependent Upon the general health for its functional ability, yet frequently treatment is instituted to compel menstruation, regardless of the condition of the ...
— The People's Common Sense Medical Adviser in Plain English • R. V. Pierce

... dressed by having hot air forced rapidly through them. Lace curtains, shawls, veils, spreads, tidies and all similar articles, were by this process made to look like new, and at a cost that I thought ought certainly to reduce the establishment to beggary or insolvency. But here chemistry again was the magician that had made such cheap labor profitable. And such advanced knowledge of chemistry was the result of ...
— Mizora: A Prophecy - A MSS. Found Among the Private Papers of the Princess Vera Zarovitch • Mary E. Bradley

... when they did so, requested particularly, that the bundles or boxes, should not be marked "from A. Tappan & Co.," as was customary. Southern merchants especially, avoided them, and when, two or three years later, there was a general insolvency among them, occasionally large losses to New York merchants, and in some cases failure; the Tappans were saved by having ...
— The Underground Railroad • William Still

... His debts in College, though not great, were increasing[236]; and his scanty remittances from Lichfield, which had all along been made with great difficulty, could be supplied no longer, his father having fallen into a state of insolvency. Compelled, therefore, by irresistible necessity, he left the College in autumn, 1731, without a degree, having been a member of it little more than ...
— Life Of Johnson, Vol. 1 • Boswell

... Vandepeereboom and Dangerous went Bankrupt. Now 'tis an ugly thing to be Bankrupt in Holland. The people are so thrifty and persevering, and so jealous of keeping their Engagements, that the very rarity of Insolvency makes it Scandalous. A Trading Debtor being a character very seldom to be met with, he is held in more Odium in Holland than in any other part of Europe. Yet are their Laws of Arrest milder than with us in England, ...
— The Strange Adventures of Captain Dangerous, Vol. 3 of 3 • George Augustus Sala

... whatever cause it may arise) is more likely to be avoided than any severe course towards the inhabitants: as the former fault was, besides the deprivation of office, attended with two imprisonments, with a menace of death, and an actual death, in disgrace, poverty, and insolvency; whereas the latter, namely, the oppression, and thereby the total ruin, of the country, charged on the second administrator, was only followed by loss of office,—although, he, the said Warren Hastings, did ...
— The Works of the Right Honourable Edmund Burke, Vol. VIII. (of 12) • Edmund Burke

... just been defrauded." The failure of Hunt & Clarke, the publishers of the Life of Napoleon, cost Hazlitt L500. He had received only L140 towards this, in a bill which on their insolvency ...
— The Works of Charles and Mary Lamb (Vol. 6) - Letters 1821-1842 • Charles and Mary Lamb

... clay, denotes isolation of interest and probable insolvency. To dig in a clay bank, foretells you will submit to extraordinary demands of enemies. If you dig in an ash bank and find clay, unfortunate surprises will combat progressive enterprises or new work. Your efforts are likely to be ...
— 10,000 Dreams Interpreted • Gustavus Hindman Miller

... column of insolvency, I considered that the West Wallen Doctor's bill was an expression of modesty itself. The sum due my Dear Madeline for "board," at two dollars and a half per week, though I trusted it was some compensation for ...
— Cape Cod Folks • Sarah P. McLean Greene

... never robs the house he frequents"—Turpin had the same scruples respecting the Hall of Rookwood in Sir Piers's lifetime—; "and perhaps pays his debts better than some others, for he holds it below the dignity of his employment to commit so ungenteel a crime as insolvency, and loves to pay nobly. He has another quality, not much amiss, that he takes no more than he has occasion for"—Jack, we think, was a little mistaken here—; "which he verifies this way: he craves no more while that lasts. He is a less nuisance in a ...
— Rookwood • William Harrison Ainsworth

... service, I was nabbed on another score. And all the satisfaction my first captor has been able to obtain, is a writ of detainer, which, I believe, will fix me in this place, until the parliament, in its great goodness, shall think proper to discharge my debts by a new act of insolvency." ...
— The Adventures of Peregrine Pickle, Volume I • Tobias Smollett

... accommodation-bills with his name upon them are ripening in the iron safes of Judah. Philip Sheldon found himself sinking gradually and almost imperceptibly into that bottomless pit of difficulty in whose black depths the demon Insolvency holds his dreary court. While his little capital lasted he had kept himself clear of debt, but that being exhausted, and his practice growing worse day by day, he had been fain to seek assistance from money-lenders; and now even the money-lenders were tired of him. The ...
— Birds of Prey • M. E. Braddon

... of Monsieur Lucien to Madame Jouberthon was the only cause of this disagreement. The Emperor disapproved of this union because the lady's reputation was somewhat doubtful, and she was also divorced from her husband, who had become insolvent, and had fled to America. This insolvency, and the divorce especially, offended Napoleon deeply, who always felt a ...
— The Private Life of Napoleon Bonaparte, Complete • Constant

... the estates of deceased persons and the appointment and superintendence of guardians and similar agents of the law, and proceedings in insolvency, there are in many States special courts, known as Courts of Probate, Surrogate's Courts, or Orphans' Courts, and Courts of Insolvency. In others these functions ...
— The American Judiciary • Simeon E. Baldwin, LLD

... hand, O ass-driver;" and the donkey-boy desisted and cried, "Praised be Allah for thy safety, O master! Verily my heart was with thee." "Why so?" "Thou art become bankrupt and they have filed a docket of thine insolvency." "Who told thee this?" "Thy mother told me, and bade me break the jars and empty the vats, that the Kazi's officers might find nothing in the shop, if they should come." "Allah confound the far One!"[FN197] ...
— The Book of the Thousand Nights and a Night, Volume 7 • Richard F. Burton

... marriage. You know as well as I do that unless it is immediate, there'll be the devil to pay. Don't miss that essential: something must be done at once. We're at the breaking-point—if you like the words—a most damnable insolvency. ...
— The Man from Home • Booth Tarkington and Harry Leon Wilson

... by some six hundred people—mostly official loafers and spongers of the worst type. The community consists of boozy squatters, snobbish wives of snobbish officials, anaemic old maids, obsequious tradesmen on the verge of insolvency, and two respectable and hard-working persons—the latter are Chinamen. The 'tony' society of Bowen is about as lively and intelligent as that of a decaying Cathedral town in the old country. The atmosphere of matchless snobbery ...
— Tom Gerrard - 1904 • Louis Becke

... discount the supreme crisis of the play, in which a cold, clear-headed business man, who has been deputed by the banks to look into the merchant's affairs, proves to him, point by point, that it would be dishonest of him to flounder any longer in the swamp of insolvency, into which he can only sink deeper and drag more people down with him. Then the bankrupt produces a pistol and threatens murder and suicide if the arbiter of his fate will not consent to give him one more chance; ...
— Play-Making - A Manual of Craftsmanship • William Archer

... drought. dole, mite, pittance; short allowance, short commons; half rations; banyan day. emptiness, poorness &c. Adj.; depletion, vacancy, flaccidity; ebb tide; low water; " a beggarly account of empty boxes " [Romeo and Jul.]; indigence &c. 804; insolvency &c. (nonpayment) 808. V. be insufficient &c. Adj.; not suffice &c. 639; come short of &c. 304 run dry. want, lack, need, require; caret; be in want &c. (poor) 804, live from hand to mouth. render insufficient ...
— Roget's Thesaurus

... error. I intend the lectures as well as the property for the creditors. The law recognizes no mortgage on a man's brain, and a merchant who has given up all he has may take advantage of the laws of insolvency and start free again for himself. But I am not a business man, and honor is a harder master than the law. It cannot compromise for less than 100 cents on the dollar and its debts never outlaw. From my reception thus far on my lecturing tour I am confident that if ...
— Mark Twain, A Biography, 1835-1910, Complete - The Personal And Literary Life Of Samuel Langhorne Clemens • Albert Bigelow Paine

... the laboratory wire. Pain on that scale has its harmony in great love; for by hurting love it reveals the infinity of love in all its truth and beauty. On the other hand, the pain involved in business insolvency is discordant; it kills and consumes till nothing remains ...
— Creative Unity • Rabindranath Tagore

... five, by virtue of credit and credulity. If he comes out very early in life, say eighteen, he will scarcely expect to be visible at twenty-four; but if he does not appear until he is twenty-one, and then lives all his days, he may die fairly of old age, infirmity, and insolvency, at twenty-six. His topographical knowledge of town is bounded by the fashionable 218directory, which limits his recognition, on the north, by Oxford-street, on the east, by Bond-street, on the south, by ...
— The English Spy • Bernard Blackmantle

... or in other words, bringing him to a public trial. But this degree of protection is extended only to the native or domestic slave. Captives taken in war, and those unfortunate victims who are condemned to slavery for crimes or insolvency—and, in short, all those unhappy people who are brought down from the interior countries for sale—have no security whatever, but may be treated and disposed of in all respects as the owner thinks proper. It sometimes happens, indeed, when no ships are on the coast, ...
— Travels in the Interior of Africa - Volume 1 • Mungo Park

... irregular—oh no, not in the least. Legally the thing's as simple as A B C. The man has only to take the benefit of the Act of Insolvency, assign his estate to his creditors, and then— supposing that ...
— Sir John Constantine • Prosper Paleologus Constantine

... ago—when, as I have said, the tide was very low—I was led to consider that passage, and under the influence of it I went to my creditors and delivered up to them your box of jewels. You are aware, no doubt, that having passed through the insolvency court, and given up all that I possessed, I became legally free. This box was recovered from the deep, and restored to me after my effects had been given up to my creditors, so that I might have retained it. But I felt that this would have been unjust. I respect ...
— Under the Waves - Diving in Deep Waters • R M Ballantyne

... Then comes the doctor's insolvency. One must separate. This separation becomes the misfortune of their lives: the doctor will die of it. Both feel that it will not be the end, they do not wish it—and they do not think of any means which would forever affirm their mutual dependence and change the departure for only a momentary ...
— So Runs the World • Henryk Sienkiewicz,

... side of the creek, to a high part of the range about two miles off (which I have named Mount Gwynne, after his Honour, Justice Gwynne), 186 degrees. North side of the creek, to another hill about two miles and a half off (which I have named Mount Mann, in memory of the late Commissioner of Insolvency), 249 degrees. Central Mount Stuart bears 131 degrees to the highest point. At the north-west termination of the next range, to which I shall now go, there are two very large hills, the north one, which ...
— Explorations in Australia, The Journals of John McDouall Stuart • John McDouall Stuart

... a thing that is due, and must be paid by every man who would avoid present discredit and eventual moral insolvency. It is an obligation—a debt—which can only be discharged by voluntary effort and resolute action in the affairs ...
— How to Get on in the World - A Ladder to Practical Success • Major A.R. Calhoon

... estates have sunk in the hands of their stewards and receivers; their revenues paid them in scanty portions, at large discount, and treble interest, though they did not know it; while the tenants were daily racked, and at the same time accused to their landlords of insolvency. Of this species are such managers, who, like honest Peter Waters, pretend to clear an estate, keep the owner penniless, and, after seven years, leave him five times more in debt, while they sink half a plum into ...
— The Prose Works of Jonathan Swift, D.D., Vol. VII - Historical and Political Tracts—Irish • Jonathan Swift

... This ill-starred venture was then apparently in the full tide of prosperity, and promised to be a great lever in the uplifting of the submerged race. Douglass, soon after his election as president, discovered the insolvency of the institution, and insisted that it be closed up. The negro was in the hands of his friends, and was destined to suffer for their mistakes as well as ...
— Frederick Douglass - A Biography • Charles Waddell Chesnutt

... valuable privilege under which an unpaid consigner or broker may stop or countermand his goods upon their passage to the consignee on the insolvency ...
— The Sailor's Word-Book • William Henry Smyth

... paying. An absence of returns, a constriction of credit, a depleted till, the most valiant resolves to keep smiling, could not prevail for ever against these insistent phenomena. One might bustle about in the morning before dinner, and in the afternoon after tea and forget that huge dark cloud of insolvency that gathered and spread in the background, but it was part of the desolation of these afternoon periods, these grey spaces of time after meals, when all one's courage had descended to the unseen battles of the pit, that life ...
— The History of Mr. Polly • H. G. Wells

... the disquieting rumours persisted, not only in Fifth Avenue but in Wall Street. Some people said he had speculated unfortunately in railways, others that he was being bled by one of the most insatiable members of her profession; and to every report of threatened insolvency Beaufort replied by a fresh extravagance: the building of a new row of orchid-houses, the purchase of a new string of race-horses, or the addition of a new Meissonnier ...
— The Age of Innocence • Edith Wharton

... a writer and an artist. Lots of writers and artists have made good livings by teaching magazine readers that it is dishonest for a corporation, or a corporation official, to prosper; that the way to integrity is through insolvency; that the word 'company' is a term of reproach, while 'corporation' is a foul epithet, and ...
— American Adventures - A Second Trip 'Abroad at home' • Julian Street

... our neighbour, is the last relic of this extinct magnificence. Before he grew up, his family had very nearly reached its lowest ebb. When his father died, there was one dazzling outburst of funeral extravagance, and then insolvency. The property was sold to liquidate the debt. What little ready money was left over was altogether insufficient to keep up ...
— The Hungry Stones And Other Stories • Rabindranath Tagore

... show of prosperity. In reality, it was impossible for her, while she had the means to pay her way for a week ahead, to lapse into a form of existence like Gerty Farish's. She had never been so near the brink of insolvency; but she could at least manage to meet her weekly hotel bill, and having settled the heaviest of her previous debts out of the money she had received from Trenor, she had a still fair margin of credit to go upon. The situation, however, was not agreeable ...
— House of Mirth • Edith Wharton

... I afraid of her, eh? A young fellow like me to enter a physical training school of this sort (pointing to Bacchis's house) where a man only sweats himself to insolvency? ...
— Amphitryo, Asinaria, Aulularia, Bacchides, Captivi • Plautus Titus Maccius

... dealer in perfumes, and has invented a Sultana cosmetic and a Carminative Water, has reached a position of influence and substance. Urged by his wife's desire to shine in society, he allows himself to be inveigled into an expenditure that compromises his fortune and reduces him to insolvency. Although retaining the esteem of his fellow-citizens, who are convinced of his integrity, Cesar is stricken to the heart, less by the loss of his money than by his failure to meet his engagements. In vain, his wife and daughter ...
— Balzac • Frederick Lawton

... Therefore I have no legal claim for requital for this great and bitter sacrifice, which makes me daily curse my own folly in having trusted living man. But I ask of you, madam, who, secured from the effects of Captain Rothesay's insolvency, have, I understand, been left in comfort, if not affluence—I ask, is it right, in honour and in honesty, that I, a clergyman with a small stipend, should suffer the penalty of a deed wherein, with all charity to the dead, I cannot but think ...
— Olive - A Novel • Dinah Maria Craik, (AKA Dinah Maria Mulock)

... with glory at one stroke. The amount of British booty at Lisbon was computed—somewhat airily—at 200,000,000 pounds; its disappearance would send half the mercantile houses of Great Britain into the insolvency court, and, to quote a French state paper on the subject, "our fleet, without being buffeted about the sea, would return to Brest loaded with riches and covered with glory, and France would once more astonish Europe." The alternative scheme was ...
— Deeds that Won the Empire - Historic Battle Scenes • W. H. Fitchett

... door of an adjacent tavern while the carcases were yet unfinished. The man who had bought the brick and mortar skeletons had gone through the bankruptcy court while the paper-hangers were still busy in Brigsome's Terrace, and had whitewashed his ceilings and himself simultaneously. Ill luck and insolvency clung to the wretched habitations. The bailiff and the broker's man were as well known as the butcher and the baker to the noisy children who played upon the waste ground in front of the parlor windows. Solvent tenants were disturbed at unhallowed hours ...
— Lady Audley's Secret • Mary Elizabeth Braddon

... knows, that, in the actual state of things, not the power and respect belonging to sovereigns, but their very existence, depends on a reasonable frugality. It is very certain that not one sovereign in Europe can either promise for the continuance of his authority in a state of indigence and insolvency, or dares to venture on a new imposition to relieve himself. Without abandoning wholly the ancient magnificence of his court, the Elector has conducted his affairs with infinitely more economy than any of his predecessors, so as to restore his finances beyond what ...
— The Works of the Right Honourable Edmund Burke, Vol. IV. (of 12) • Edmund Burke



Words linked to "Insolvency" :   failure, bankruptcy, insolvent, solvency, financial condition



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