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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
But the governor does not appear to have a plan to address the insolvency of the state’s FAIR Plan, an expensive insurance program of last resort, to rebuild the homes, businesses and jobs lost.
—Alexandra MacEdo, Orange County Register, 16 Jan. 2025
That’s pushed the FAIR Plan toward the brink of insolvency.
—Jovi Dai, The Mercury News, 9 Jan. 2025
In either case, a solution to the problem of insolvency would far outweigh any benefit from temporary giveaways.
—Sun Sentinel Editorial Board, Sun Sentinel, 8 Jan. 2025
In August 2024, the International Monetary Fund estimated that roughly 50 percent of Chinese property developers are on the brink of insolvency.
—Jude Blanchette, Foreign Affairs, 7 Jan. 2025
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Word History
First Known Use
1660, in the meaning defined above
Dictionary Entries Near insolvency
Cite this Entry
“Insolvency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insolvency. Accessed 22 Jan. 2025.
Kids 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.
More from Merriam-Webster on insolvency
Nglish: Translation of insolvency for Spanish Speakers
Britannica.com: Encyclopedia article about insolvency
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