insolvency

noun

in·​sol·​ven·​cy (ˌ)in-ˈsäl-vən(t)-sē How to pronounce insolvency (audio)
-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 In May, the State Bar planned to consider a proposal to hire test prep company Kaplan North America to develop its own bar exam, potentially saving $4.2 million annually for a branch of the State Bar facing insolvency. Esther Sun, Sacramento Bee, 17 June 2024 The first Colored Baseball League in Texas died of insolvency after less than a decade. Richard Selcer, Fort Worth Star-Telegram, 8 June 2024 This was especially true for local governments, for which land sales were the largest single source of revenues; households, which suddenly began to worry that prices wouldn’t rise indefinitely; and businesses directly and indirectly affected by insolvency in the property sector. Michael Pettis, Foreign Affairs, 5 Oct. 2022 The company, which grew to prominence during the Covid-19 pandemic as the maker of one of the only molecular at-home tests for the virus, has been teetering on the edge of insolvency for months. Brittany Trang, STAT, 22 May 2024 See all Example Sentences for insolvency 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'insolvency.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1660, in the meaning defined above

Time Traveler
The first known use of insolvency was in 1660

Dictionary Entries Near insolvency

Cite this Entry

“Insolvency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insolvency. Accessed 30 Jun. 2024.

Kids Definition

insolvency

noun
in·​sol·​ven·​cy (ˈ)in-ˈsäl-vən-sē How to pronounce insolvency (audio)
plural insolvencies
: the quality or state of being insolvent

Legal Definition

insolvency

noun
in·​sol·​ven·​cy in-ˈsäl-vən-sē How to pronounce insolvency (audio)
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.

More from Merriam-Webster on insolvency

Last Updated: - Updated example sentences
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