Definition of insolvency in English:

insolvency

Syllabification: in·sol·ven·cy
Pronunciation: /inˈsälvənsi
 
/

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.

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Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little