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
Lilium View 1 Images Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for insolvency for its two primary subsidiaries.
—
Abhimanyu Ghoshal, New Atlas, 25 Oct. 2024
Ending taxes on Social Security benefits would move the insolvency date of Social Security’s trust fund closer by over one year, according to the Committee for a Responsible Federal Budget.
—Lorie Konish, CNBC, 19 Oct. 2024
Thousands of small-town banks had already failed, and now Wall Street itself faced insolvency.
—Meg Jacobs, Foreign Affairs, 8 Dec. 2020
And worse, the program’s insolvency would come sooner, by 2031 than 20234.
—Teresa Ghilarducci, Forbes, 21 Oct. 2024
See all Example Sentences for insolvency 
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Abhimanyu Ghoshal, New Atlas, 25 Oct. 2024
Ending taxes on Social Security benefits would move the insolvency date of Social Security’s trust fund closer by over one year, according to the Committee for a Responsible Federal Budget.
—Lorie Konish, CNBC, 19 Oct. 2024
Thousands of small-town banks had already failed, and now Wall Street itself faced insolvency.
—Meg Jacobs, Foreign Affairs, 8 Dec. 2020
And worse, the program’s insolvency would come sooner, by 2031 than 20234.
—Teresa Ghilarducci, Forbes, 21 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 8 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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