Definition of insolvency in English:
noun (plural insolvencies)
The state of being insolvent; inability to pay one’s debts: the club was facing insolvency insolvencies in the media sector rose by 8%
More example sentences
- The financial crisis has now left many of these banks on the verge of insolvency with large portfolios of insecure loans and bad debts.
- Faced with a rising tide of insolvencies, banks are actually cutting back their lending to small and medium-sized companies.
- Until last summer, it teetered on the brink of insolvency, and did little other than amass colossal debts.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in India
Most popular in Pakistan