The condition of a person who is insolvent; inability to pay one's debts; lack of means to pay one's debts. Such a relative condition of a man's assets and liabilities that the former, if all made immediately available, would not be sufficient to discharge the latter. Or the condition of a person who is unable to pay his debts as they fall due, or in the usual course of trade … [Read more...] about INSOLVENCY
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INSETENA
In old records. An indltch; an Interior ditch; one made within another, for greater security. Spelman. … [Read more...] about INSETENA
INSOLVENT
This word has several meanings. It signifies a person whose estate is not sufficient to pay his debts. Civ. Code of Louisiana, art. 1980. A person is also said to be insolvent, who is under a present inability to answer, in the ordinary course of business, the responsibility which his creditors may enforce, by recourse to legal measures, without reference to his estate proving … [Read more...] about INSOLVENT
INNS OF CHANCERY
So called because anciently inhabited by such clerks as chiefly studied the framing of writs, which regularly belonged to the cursltors, who were officers of the court of chancery. There are nine of them, Clement's, Clifford's, and Lyon's Inn; Furnival's, Thavies,' and Symond's Inn; New Inn; and Barnard's and Staples' Inn. These were formerly preparatory colleges for students, … [Read more...] about INNS OF CHANCERY
INQUISITION
In practice. An inquiry or inquest ; particularly, an investigation of certain facts made by a sheriff, together with a jury impaneled by him for the purpose. Inquisition after death. See INQUISITIO. Inquisition of lunacy. See LUNACY. … [Read more...] about INQUISITION
