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Origin and history of insolvency

insolvency(n.)

1660s, from insolvent (q.v.) + abstract noun suffix -cy. Insolvence (1793) is rare.

also from 1660s

Entries linking to insolvency

insolvent(adj.)

1590s, "unable to pay one's debts," from in- (1) "not" + Latin solventem "paying" (see solvent). Originally of one who was not a trader; only traders could become bankrupt.

bankruptcy(n.)

1700, "the breaking up of a business due to its inability to pay obligations," from bankrupt, "probably on the analogy of insolvency, but with -t erroneously retained in spelling, instead of being merged in the suffix ...." [OED]. Figurative use is attested from 1761. Earlier words for it (late 16c.-17c.) were bankrupting, bankruption, bankrupture, bankruptship.

-cy

abstract noun suffix of quality or rank, ultimately representing in English Latin -cia, -tia (see -ia) but a living word-forming element in modern English. The native correspondents are -ship, -hood.

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    Trends of insolvency

    adapted from books.google.com/ngrams/ with a 7-year moving average; ngrams are probably unreliable.

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    repent
    c. 1300, repenten, "be grieved over one's past and seek forgiveness; feel such regret for sins, crimes, or omissions as produces amendment of life," from Old French repentir (11c.), from re-, here perhaps used as an intensive prefix, "very much" (see re-), + Vulgar Latin *penitir
    jersey
    1580s as a type of knitted cloth; 1842 as a breed of cattle; both from Jersey, one of the Channel Islands. Its name is said to be a corruption of Latin Caesarea, the Roman name for the island (or another near it), influenced by Old English ey "island" (see island); but it is perh
    Balaclava
    "woolen head covering," especially worn by soldiers, evidently named for village near Sebastopol, site of a battle Oct. 25, 1854, in the Crimean War. But the term (originally Balaclava helmet) does not appear before 1881 and seems to have come into widespread use in the Boer War.
    neat
    1540s, "clean, free from dirt," from Anglo-French neit, French net "clear, pure" (12c.), from Latin nitidus "well-favored, elegant, trim," literally "gleaming," from nitere "to shine," from PIE root *nei- "to shine" (source also of Middle Irish niam "gleam, splendor," niamda "shi
    box
    "rectangular wooden container," usually with a lid, Old English box, also the name of a type of shrub, from Late Latin buxis, from Greek pyxis "boxwood," pyxion "writing table, box," made of boxwood, from pyxos "box tree," which is of uncertain origin. Beekes suggests a loan-word
    abstract
    late 14c., originally in grammar (in reference to nouns that do not name concrete things), from Latin abstractus "drawn away," past participle of abstrahere "to drag away, detach, pull away, divert," also used figuratively; from assimilated form of ab "off, away from" (see ab-) +
    octopus
    1758, genus name of a type of eight-armed cephalopod mollusks, from Latinized form of Greek oktōpous, literally "eight-foot," from oktō "eight" (see eight) + pous "foot," from PIE root *ped- "foot." The more usual Greek word seems to have been polypous (also pōlyps), from polys "
    Geronimo
    cry made in jumping, 1944 among U.S. airborne soldiers, apparently from the story of the Apache leader Geronimo making a daring leap to escape U.S. cavalry pursuers at Medicine Bluffs, Oklahoma (and supposedly shouting his name in defiance as he did). Adopted as battle cry by par
    baptize
    "to administer the rite of baptism to," c. 1300, from Old French batisier "be baptized; baptize; give a name to" (11c.), from Latin baptizare, from Greek baptizein "immerse, dip in water," also figuratively, "be over one's head" (in debt, etc.), "to be soaked (in wine);" in Chris
    skinflint
    "miser, one who makes use of contemptible economy to keep money," c. 1700 ("Dictionary of the Canting Crew"), slang ; literally "kind of person who would skin a flint to save or gain something," from skin (v.) + flint. Flay-flint in same sense is from 1670s. Among the 18c. slang

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