Pronunciation: /ɪnˈsɑlvənsi/
noun the state of being insolvent; inability to pay debts
A1 Insolvency means when a person or company cannot pay their debts.
A2 If a business goes into insolvency, it may have to declare bankruptcy.
B1 The company's insolvency was caused by poor financial management.
B2 The board of directors had to make tough decisions to avoid insolvency.
C1 The legal team worked tirelessly to navigate the complex insolvency proceedings.
C2 The expert financial advisor was brought in to help restructure the company and prevent insolvency.
formal The company declared insolvency after failing to meet its financial obligations.
informal The business went bankrupt because it couldn't pay its debts.
slang The company went belly up due to insolvency.
figurative His reckless spending habits led to his personal insolvency.
became insolvent
insolvencies
more insolvent
most insolvent
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will become insolvent
has become insolvent
is becoming insolvent
insolvency
insolvent
to become insolvent
becoming insolvent
insolvent