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insolvency

3 ENTRIES FOUND:

in·sol·ven·cy

noun \(ˌ)in-ˈsäl-vən(t)-sē, -ˈsl-\

Definition of INSOLVENCY

: the fact or state of being insolvent : inability to pay debts

Examples of INSOLVENCY

  1. <unless the economy improves, many resorts in the area face insolvency>

First Known Use of INSOLVENCY

1660

Related to INSOLVENCY

Synonyms: bankruptcy, failure, ruin
Antonyms: solvency
Related Words: Chapter 11
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