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insolvency

insolvency

12 6.8
A situation when someone cannot pay money they owe
  • noun
  • /ɪnˈsɒlvənsi/
  • Specialized
translation icon : insolvencia
  • And these are all heavy claims that paint a picture of insolvency or liquidity problems at best or fraud at worst.
  • insolvency case
  • many faced insolvency

It's the concept known as liquidity versus insolvency.

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Examples

  • After months of failing sales, the insolvency of the small business became inevitable.

  • There are but five days to insolvency.

  • Yes, I long for insolvency.

  • Insolvency of the Federal Reserve is coming.

  • I do believe Jock has informed you that we are staring down the barrel of insolvency.

  • Less than 90 days from insolvency, in part because somebody thought the Newton wasn't a box of garbage.

  • The problem is insolvency and the fear of insolvency, aggravated by the secrecy of the over-the-counter derivatives market.

    Academic text (2010)
  • He said avoidable household and business insolvencies, AKA bankruptcies, can weigh on growth for years.

  • The company's insolvency led to the loss of hundreds of jobs.

  • The firm declared insolvency when it could no longer pay its creditors.

Synonyms

bankruptcy
vsinsolvency
  • Specialized
315 4.1

A legal state when a person or company cannot pay their debts

is the financial condition of lacking funds to meet obligations

Antonyms

solvency
  • Specialized
15 6.2

Ability of a person or company to pay all debts when they are due

How Solvent

solvency
  • Specialized
15 6.2
strength
55 3.5
insolvency
  • Specialized
12 6.8
bankruptcy
  • Specialized
315 4.1

Surface Forms

insolvency singular
insolvencies plural

Morphology

insolvency = insolvent (transparent) = in + solvent + cy

The suffix '-cy' straightforwardly forms a noun meaning the state or condition of being insolvent.

Etymology

Insolvency comes from Latin parts in- 'not' and solvere 'to loosen' or 'to pay'. It is the opposite of solvent, so it describes someone who cannot 'loosen' or clear their debts — in other words, not able to pay what they owe.