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
In just the last 3 months, air taxi hopefuls Lilium Air Mobility and Volocopter filed for insolvency.
—
Brian Foley, Forbes, 15 Jan. 2025
For that reason, Dave Jones, a former California Insurance Commissioner, doesn't expect this event will push any companies into insolvency.
—Greg Allen, NPR, 13 Jan. 2025
Social Security is a dicey issue on Capitol Hill as lawmakers want to solve the federal program's insolvency crisis but don't want to upset their constituents who benefit from it.
—Yaakov Katz, Newsweek, 12 Jan. 2025
There are the insolvency courts in Germany, where Lilium is based, to deal with as well as creditors and the like, not to mention restructuring the company for a restart.
—David Szondy, New Atlas, 5 Jan. 2025
See all Example Sentences for insolvency 
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Brian Foley, Forbes, 15 Jan. 2025
For that reason, Dave Jones, a former California Insurance Commissioner, doesn't expect this event will push any companies into insolvency.
—Greg Allen, NPR, 13 Jan. 2025
Social Security is a dicey issue on Capitol Hill as lawmakers want to solve the federal program's insolvency crisis but don't want to upset their constituents who benefit from it.
—Yaakov Katz, Newsweek, 12 Jan. 2025
There are the insolvency courts in Germany, where Lilium is based, to deal with as well as creditors and the like, not to mention restructuring the company for a restart.
—David Szondy, New Atlas, 5 Jan. 2025
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 5 Feb. 2025.
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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