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 Ted Baker is preparing to place its network of stores across the UK into insolvency, putting hundreds of jobs at risk. Sabah Meddings, Fortune Europe, 20 Mar. 2024 That means even a relatively modest decline in the value of your assets can technically push you into insolvency, especially if depositors decide to yank their money out, Piskorski explains. Allison Morrow, CNN, 8 Mar. 2024 But by the time the company cleared its name in 1997, the Asian financial crisis plunged Samyang into insolvency. Max Kim, Los Angeles Times, 5 Mar. 2024 Lawyers specializing in bankruptcies, foreclosures and corporate insolvency warn that getting control over, and trying to liquidate, any of the former president’s flagship properties is an uphill battle. Rukmini Callimachi, New York Times, 24 Mar. 2024 If insolvencies continue at their current pace in higher-risk sectors such as construction, real estate, hospitality and retail, which are dependent on discretionary spending or are labor-intensive, Allianz Trade predicts more than 7,000 firms will go bust in the UK in 2024. Bloomberg, Fortune Europe, 28 Feb. 2024 Kais Saied, the autocratic president who promised to succeed where Tunisia’s nascent democracy had failed, retains a hold on power and popular support even as the country enters a second year of record inflation, food shortages, and potential insolvency. Taylor Luck, The Christian Science Monitor, 24 Jan. 2024 Their research shows that about 44% of all CRE loans are at risk of default, and if that default rate were to reach 20%, over 380 banks would be at risk of insolvency. Chris Morris, Fortune, 23 Feb. 2024 Her corruption lawsuit against the National Rifle Association, filed in 2020 and now before a jury in Manhattan, pushed the once-mighty gun rights group to the brink of insolvency. Brian Mann, NPR, 20 Feb. 2024

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 18 Apr. 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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