Definition of insolvency in English:

insolvency

noun

  • [mass noun] The state of being insolvent:

    ‘the club was facing insolvency’
    [count noun] ‘insolvencies in the media sector rose by 8%’
    • ‘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.’
    • ‘Even a gross settlement system is not immune from certain risks associated with the insolvency of a participant.’
    • ‘How is it that a company goes from well-nigh insolvency to buying a US retail icon?’
    • ‘The financial crisis has now left many of these banks on the verge of insolvency with large portfolios of insecure loans and bad debts.’
    bankruptcy, liquidation, failure, collapse, ruin, financial ruin, ruination
    pennilessness, penury, impecuniousness, beggary
    administration, receivership
    folding
    pauperdom
    View synonyms

Pronunciation:

insolvency

/ɪnˈsɒlv(ə)nsi/