insolvency
noun
in·sol·ven·cy
(ˌ)in-ˈsäl-vən(t)-sē 
-ˈsȯl-
: the fact or state of being insolvent : inability to pay debts
Examples of insolvency in a Sentence
unless the economy improves, many resorts in the area face insolvency
Recent Examples on the Web
This should give the company some time to negotiate new debt financing conditions with creditors at this phase of prospective insolvency.
—
New Atlas, 1 Dec. 2024
Clocking in at over 650 pages, the novel is split up among the four members of the Barnes family, who undergo a dramatic reversal of fortunes as their car dealership appears on the brink of insolvency.
—Tomi Obaro, Vulture, 21 Nov. 2024
In the United States, that is typically corporate bankruptcy (where the company cannot indemnify due to insolvency) and the settlements of derivative suits where state corporate law does not permit indemnification.
—Priya Cherian Huskins, Forbes, 9 Oct. 2024
Funding cliff This is not the first time the SSA has faced an insolvency predicament, with the early 1980s being another crunch time for the government agency.
—Thomas G. Moukawsher, Newsweek, 4 Nov. 2024
See all Example Sentences for insolvency 
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New Atlas, 1 Dec. 2024
Clocking in at over 650 pages, the novel is split up among the four members of the Barnes family, who undergo a dramatic reversal of fortunes as their car dealership appears on the brink of insolvency.
—Tomi Obaro, Vulture, 21 Nov. 2024
In the United States, that is typically corporate bankruptcy (where the company cannot indemnify due to insolvency) and the settlements of derivative suits where state corporate law does not permit indemnification.
—Priya Cherian Huskins, Forbes, 9 Oct. 2024
Funding cliff This is not the first time the SSA has faced an insolvency predicament, with the early 1980s being another crunch time for the government agency.
—Thomas G. Moukawsher, Newsweek, 4 Nov. 2024
See all Example Sentences for insolvency
Dictionary Entries Near insolvency
Cite this Entry
“Insolvency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insolvency. Accessed 22 Dec. 2024.
Copy CitationKids Definition
insolvency
noun
in·sol·ven·cy
(ˈ)in-ˈsäl-vən-sē
plural insolvencies
: the quality or state of being insolvent
Legal Definition
insolvency
noun
in·sol·ven·cy
in-ˈsäl-vən-sē
plural insolvencies
1
: the fact or state of being insolvent compare bankruptcy
2
: insufficiency (as of an estate) to discharge all enforceable debts
Note: Insolvency matters are covered under the Bankruptcy Code.
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