insolvency
noun
in·sol·ven·cy
(ˌ)in-ˈsäl-vən(t)-sē 
-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
Funding cliff This is not the first time the SSA has faced an insolvency predicament, with the early 1980s being another crunch time for the government agency.
—
Thomas G. Moukawsher, Newsweek, 4 Nov. 2024
Yet those broad benefit cuts would not necessarily have to happen, as the worst effects of insolvency could be prevented by executive action, according to the report.
—Lorie Konish, CNBC, 22 Oct. 2024
But neither has offered proposals that might delay or prevent its insolvency.
—Neil Irwin, Axios, 21 Oct. 2024
Another $635 million pension bailout was approved on Oct. 17 for the Detroit Carpenters Fund, which covers, more than 22,500 metro Detroit carpenters and millwright, so avert insolvency.
—Susan Tompor, Detroit Free Press, 31 Oct. 2024
See all Example Sentences for insolvency 
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Thomas G. Moukawsher, Newsweek, 4 Nov. 2024
Yet those broad benefit cuts would not necessarily have to happen, as the worst effects of insolvency could be prevented by executive action, according to the report.
—Lorie Konish, CNBC, 22 Oct. 2024
But neither has offered proposals that might delay or prevent its insolvency.
—Neil Irwin, Axios, 21 Oct. 2024
Another $635 million pension bailout was approved on Oct. 17 for the Detroit Carpenters Fund, which covers, more than 22,500 metro Detroit carpenters and millwright, so avert insolvency.
—Susan Tompor, Detroit Free Press, 31 Oct. 2024
See all Example Sentences for insolvency
Dictionary Entries Near insolvency
Cite this Entry
“Insolvency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insolvency. Accessed 30 Nov. 2024.
Copy CitationKids Definition
insolvency
noun
in·sol·ven·cy
(ˈ)in-ˈsäl-vən-sē
plural insolvencies
: the quality or state of being insolvent
Legal Definition
insolvency
noun
in·sol·ven·cy
in-ˈsäl-vən-sē
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.
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