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.