The name Insolvency derived from the word "imperfect" or "failure". Since Vexen was only exterminated for the lack of successes with Sora. The technical definition is to "do something insolvent", which sucks as a term. It basically means to do something that can not be solved. As Vexen couldn't solve the puzzles he repeatedly tried to quell--mianly how to beat Sora.
On my behalf, I hope you join and frolic free with the rest of the fans for this awesome character.
[i.] Spoilers behind a Livejournal cut. If you don’t know how, click here and find out. [ ii.] Keep the posts relatively on the topic [i.e.:Vexen? CoM?] Or at least near the subject of Kingdom Hearts. [ iii.] No posting for the soul purpose of promoting your community. You can casually mention another community [For example: "I cross posted this to *community*"] Just no cascade of links about Kingdom Hearts community number 91213. [ iv.] Character hating is a stupid, vile, waste of time. Keep it out of this community. I can understand having bias to some characters or pairings, just no slamming it or rubbing it into people's face. [ v.] Don't hotlink things from other sites or communities. I'm sure places like KHU have enough problems with bandwidth without people here using it all up. Places like Greatestjournal or Webpost have free picture and media hosting. Use up their bandwidth. [ vi.] You may post fanfiction and fannart. Just remember that it has to have something to do with Vexen or the XIII order [It can include other things in it, just make sure it's oriented around the community subject matter]. Cut your fanfiction or fannart, and place a rating on it [G, T, M? You know.] You can give a small summary of what it's about if you wish. [vii.] Het, Yuri, and Yaoi pairings are aloud here. Post pictures, stories, whatever that concerns it, it really doesn't matter. Just as long as you cut and rate the material. [viii.] Correlating with the above, if I see any bashing or flaming of these types of lifestyles [yaoi;yuri;het] I will kill that person five separate times. [even though I said it before..] This is one of my pet peeves, and if anyone flames any one of these three kinds of slash, I am ready and prepared to lay a smackdown that will bruise your ego for years to come. [ix.] No begging for a moderation position. That will make me like you significantly less. [x.] If you have any questions or suggestions, feel free to e-mail me. [xi.]I know this is nitpicking, but when posting in the public fora, please refrain from using icons from the kingdom hearts ii ending–or anything too spoilerific. Despite having played the game, this will anger me for other people's accord. Your posts will be e-mailed back to you, and deleted from the community. [This will be due to change after the American release of the game.] [xii.] Along with fannart, fanfiction, and whatnot, you may post media such as icons, movies, voice parodies, merchandise, and whatnot. Just make sure it’s spoiler free. [xiii.] Love Vexen PLZ.
[Sorry that the last rule is so lame. I just needed XIII rules for ironies sake.]