Meaning of the word insolvency in English
What does insolvency mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
insolvency
US /ɪnˈsɑːl.vən.si/
UK /ɪnˈsɒl.vən.si/
Noun
the state of being unable to pay one's debts
Example:
•
The company was forced into insolvency after several months of poor sales.
•
The bank is monitoring the firm's insolvency risk closely.
Related Word: