Examples of insolvency in a Sentence
unless the economy improves, many resorts in the area face insolvency
Recent Examples of insolvency from the Web
But a number of multiemployer plans face insolvency in coming years.
But victim advocates and attorneys say churches that declare insolvency often do it for a less noble purpose.
Protecting CalPERS, however, means getting more money from its client agencies, which could drive some of them into insolvency, as Hutchings said.
Before Hurricane Maria, Puerto Rico’s worst natural disaster in nearly a century, the island was already grappling with insolvency.
The company’s been teetering on the edge of insolvency for much of the last year.
And the school is no longer near insolvency, but instead a thriving, elite university with a substantial endowment.
More than 200 multi-employer plans are at risk of insolvency, affecting retirement benefits for 1.5 million participants, Democrats say.
About 2,900 employees who were laid off after the company’s insolvency filing in June did not receive severance payments.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'insolvency.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of insolvency
Financial Definition of INSOLVENCY
What It Is
In most usages, insolvency is the inability of a company or individual to meet its financial obligations as they come due. In the legal sense of the word, an entity is considered insolvent if its total liabilities exceed its total assets.
How It Works
In this case, the company must raise capital to pay its obligations via selling assets, borrowing, or somehow raising capital and/or reducing expenses.
If a company cannot meet its obligations, it may be forced to file for bankruptcy.
Seen and Heard
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