insolvency

English dictionary entry

Meanings

noun
  1. The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay their debts as they fall due, or in the usual course of trade and business.
  2. Insufficiency to discharge all debts of the owner.
  3. The condition of having more debts than assets.

Pronunciation

[ɪnˈsɒlvn̩si] En-us-insolvency.oga

Word forms

insolvency insolvencies

Etymology

From insolvent + -cy.

Antonyms

Derived words

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