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English Fox - English Dictionary
Meaning of
insolvency
in English
insolvency
us
//ˌɪnsəlˈvɛn.si//
uk
//ˌɪnsɒlvən.si//
#uncommon
Plural
insolvencies
Definitions
Noun
inability
to
pay
debts
on
time
;
financial
distress
The
company
faced
insolvency
due
to
poor
management
.
financial
state
of
debt
exceeding
available
assets
The
bank
analyzed
the
firm's
insolvency
and
decided
to
withdraw
funding
.
exceeding
liabilities
over
assets
The
company's
insolvency
was
caused
by
its
large
debts
and
low
revenue
.
lack
of
sufficient
funds
to
cover
debts
The
company's
insolvency
led
to
a
significant
loss
of
investor
confidence
.