insolvency
English
Pronunciation
- IPA(key): [ɪnˈsɒlvn̩si]
Audio (US) (file)
Noun
insolvency (countable and uncountable, plural insolvencies)
- (finance) The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business.
- The company faces insolvency.
- Insufficiency to discharge all debts of the owner.
- the insolvency of an estate
- The condition of having more debts than assets.
Antonyms
Derived terms
Translations
the condition of being insolvent
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