apparent insolvency

Collins dictionary of law. . 2001.

Look at other dictionaries:

  • insolvency — in·sol·ven·cy /in säl vən sē/ n pl cies 1: the fact or state of being insolvent compare bankruptcy 2: insufficiency (as of an estate) to discharge all enforceable debts ◇ Insolvency matters are covered under the Bankruptcy Code. Merriam …   Law dictionary

  • contemplation of insolvency — The attitude of the officers of a bank when it becomes known, or reasonably should be apparent, to them that the bank presently will be unable to meet its obligations and will be obliged to suspend its ordinary operations. Smith v Baldwin, 63 App …   Ballentine's law dictionary

  • notour bankruptcy — in the Scots law of insolvency, a term no longer used, having been replaced by apparent insolvency. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

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