Definition of insolvency in English:

Share this entry

insolvency

Pronunciation: /inˈsälvənsē/

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.

For editors and proofreaders

Syllabification: in·sol·ven·cy

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.