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Privation vs Insolvency - What's the difference?

privation | insolvency | Related terms |

Privation is a related term of insolvency.


As nouns the difference between privation and insolvency

is that privation is (philosophy) the state of being deprived of or lacking an attribute formerly or properly possessed; the loss or absence of such an attribute while insolvency is the condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency.

privation

English

Noun

  • (philosophy) The state of being deprived of or lacking an attribute formerly or properly possessed; the loss or absence of such an attribute.
  • The state of being very poor, and lacking the basic necessities of life.
  • The act of depriving someone of such basic necessities; deprivation.

    • References

    *

    insolvency

    English

    Noun

    (wikipedia insolvency) (insolvencies)
  • The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency.
  • Insufficiency to discharge all debts of the owner; as, the insolvency of an estate.
  • The condition of having more debts than assets.

    • Antonyms

    * solvency