insolvency


Also found in: Thesaurus, Legal, Financial, Encyclopedia, Wikipedia.

in·sol·ven·cy

 (ĭn-sŏl′vən-sē)
n. pl. in·sol·ven·cies
1. The condition of being insolvent.
2. An instance of being insolvent.

in•sol•ven•cy

(ɪnˈsɒl vən si)

n.
the condition of being insolvent.

insolvency

The condition of being unable to pay debts or of having greater liabilities than assets.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.insolvency - the lack of financial resources
bankruptcy, failure - inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"
financial condition - the condition of (corporate or personal) finances
solvency - the ability to meet maturing obligations as they come due

insolvency

noun bankruptcy, failure, ruin, liquidation Seven of the eight companies are on the brink of insolvency.

insolvency

noun
The condition of being financially insolvent:
Translations

insolvency

[ɪnˈsɒlvənsɪ] N [of company] → insolvencia f

insolvency

[ɪnˈsɒlvənsi] n (= bankruptcy) → insolvabilité f

insolvency

nZahlungsunfähigkeit f, → Insolvenz f (geh)

insolvency

[ɪnˈsɒlvnsɪ] ninsolvenza
References in classic literature ?
"In the matter of Treason the pig would appear To have aided, but scarcely abetted: While the charge of Insolvency fails, it is clear, If you grant the plea 'never indebted.'
I do not think this general insolvency, which involves in some sort all the population, to be the reason of the difficulty experienced at Christmas and New Year and other times, in bestowing gifts; since it is always so pleasant to be generous, though very vexatious to pay debts.
The pleasantest was to dine luxuriously at some expensive restaurant; and then, after declaring insolvency, be handed over quietly and without uproar to a policeman.
I am not sure that I shall succeed, but it is the only thing that will save me from insolvency, and I am trying.' My dear Helen--"
Some people said he had speculated unfortunately in railways, others that he was being bled by one of the most insatiable members of her profession; and to every report of threatened insolvency Beaufort replied by a fresh extravagance: the building of a new row of orchid-houses, the purchase of a new string of race-horses, or the addition of a new Meissonnier or Cabanel to his picture-gallery.
To question him in detail, and endeavour to reconcile his answers; to closet him with accountants and sharp practitioners, learned in the wiles of insolvency and bankruptcy; was only to put the case out at compound interest and incomprehensibility.
Price to the attendant, who in dress and general appearance looked something between a bankrupt glazier, and a drover in a state of insolvency; 'and a glass of brandy-and-water, Crookey, d'ye hear?
"Impossible!--when I told you how she, on the contrary, deserted me: the idea of my insolvency cooled, or rather extinguished, her flame in a moment."
To see our young men, brightly dressed and cigarettes alight, wheeling off to the rendezvous, Grubb guiding the lady's machine beside him with one skilful hand and Bert teuf-teuffing steadily, was to realise how pluck may triumph even over insolvency. Their landlord, the butcher, said, "Gurr," as they passed, and shouted, "Go it!" in a loud, savage tone to their receding backs.
Endeavour Partnership LLP 'provides an excellent service' and has a strong profile for contentious insolvency matters, particularly those involving the recovery of monies for creditors.
THE number of people going insolvent in England and Wales reached its highest levels in more than five years in the first three months of 2018, figures from the Insolvency Service show.