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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In its 2024 report, the Committee for a Responsible Federal Budget said eliminating taxes on Social Security benefits would dramatically worsen the program's financial health, advancing its insolvency date by more than one year. Kristan Hawkins, Newsweek, 7 Feb. 2025 German rival Lilium filed for insolvency in October, although just received a lifeline from new investors. Dan Primack, Axios, 2 Jan. 2025 His proposals would hasten Social Security’s insolvency, increase unemployment, raise inflation, lower GDP, add to the federal debt, and boost tax rates for the vast majority of Americans, according to most analyses published by economists. Madeline Fitzgerald, Quartz, 30 Dec. 2024 In just the last 3 months, air taxi hopefuls Lilium Air Mobility and Volocopter filed for insolvency. Brian Foley, Forbes, 15 Jan. 2025 See all Example Sentences for insolvency 

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 21 Feb. 2025.

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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