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 The nonpartisan Tax Foundation estimated that Trump’s proposal to end taxes on Social Security benefits would increase the budget deficit by $1.6 trillion over 10 years and accelerate the insolvency of the Social Security and Medicare trust funds. James Rainey, Los Angeles Times, 15 Sep. 2024 Fortunately, women can take steps now to guard against insolvency in retirement. Daniel De Visé, USA TODAY, 17 July 2024 AllSaints’ success comes four years after the brand filed an insolvency procedure known in the U.K. as a company voluntary arrangement, or CVA, to protect its then-255 stores worldwide. Jean E. Palmieri, WWD, 4 Sep. 2024 Experts have been projecting the insolvency of Social Security for decades. Emily Klancher Merchant, The Conversation, 9 Aug. 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 1 Oct. 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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