Examples of insolvency in a Sentence
unless the economy improves, many resorts in the area face insolvency
Recent Examples of insolvency from the Web
Each of the 5 Active Member companies participate in a $1 million traveler’s assistance program, which helps protect consumers against any losses arising from bankruptcy, insolvency or cessation of business.
Bluescape’s chairman is John Wilder, an energy veteran who was credited for pulling TXU, a Texas utility, from the brink of insolvency.
Those factors change every year, as the past gyrations in insolvency projections make clear.
In a petition filed in Milwaukee County Circuit Court, CIBM said Apiscent is in default on its debt and is either insolvent or in danger of insolvency.
Wyness, who was hired by Xia upon his takeover of Villa from former owner Randy Lerner in 2016, apparently clashed with the billionaire over his consulting of insolvency experts.
The study highlights how a program meant to be self-funded has fallen into insolvency because of a few major events.
There are dual narratives to the 2016 gutting of Gawker by a Florida court (the $115 million-plus judgment nudged it into insolvency and a sale to Univision).
Another way to keep MoviePass from teetering into insolvency is to get members to love the service less.
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.
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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