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insolvency

American  
[in-sol-vuhn-see] / ɪnˈsɒl vən si /

noun

  1. the condition of being insolvent; bankruptcy.


Etymology

Origin of insolvency

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

Compare meaning

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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Last year’s forecast by the trustees said benefits would be cut by about 20% once the trust funds hit insolvency.

From MarketWatch

The LGA, which represents councils in England, welcomed the plans, saying it "removes the immediate threat of insolvency for many councils".

From BBC

"They spent beyond the council's means and have left the council on the brink of insolvency," she said.

From BBC

Modella Capital began insolvency proceedings for The Original Factory Shop earlier in January along with accessories chain Claire's, which it also owns and is still looking to sell.

From BBC

Last August, the government introduced a bill to amend the country’s insolvency and bankruptcy code.

From The Wall Street Journal