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Penury vs Insolvency - What's the difference?

penury | insolvency | Related terms |

Penury is a related term of insolvency.


As nouns the difference between penury and insolvency

is that penury is extreme want; poverty; destitution 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.

penury

English

Noun

(penuries)
  • extreme want; poverty; destitution.
  • * '>citation
  • a lack of something; a dearth; barrenness; insufficiency.

    • Anagrams

    *

    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