insolvency

American  

[in-sol-vuhn-see] / ɪnˈsɒl vən si /

noun

1. the condition of being insolvent; bankruptcy.

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Etymology

Origin of insolvency

First recorded in 1650–60; insolv(ent) + -ency

Compare meaning

How does insolvency compare to similar and commonly confused words? Explore the most common comparisons:

• insolvency vs. bankruptcy

Example Sentences

Modella Capital, which owns both chains, said the retailers would enter insolvency proceedings across the UK and Ireland.

From BBC

Some of the incidents occurred decades ago, as early as the 1940s, and some of the payouts have been so large that they’ve led districts to financial insolvency.

From Los Angeles Times

“Their stated concern was the recent Cowichan Tribes court ruling, which introduced uncertainty around land title ownership and potential precedent risk,” said the real-estate service firm Colliers in a letter to the insolvency adviser, Deloitte.

From The Wall Street Journal

There is no suggestion that the insolvency process was in any way improper.

From BBC

"This was triggered in the case with Morton's Rolls Limited prior to its insolvency," he says.

From BBC

Related Words

• bankruptcy
• breakdown
• deterioration
• implosion
• inadequacy
• rupture