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insolvency

noun

ɪnˈsɒl.vən.si

Meaning

The state of being unable to pay debts owed; bankruptcy.

the state of being unable to pay money owed; bankruptcy

The company declared insolvency after years of losses.

The company declared insolvency after years of financial struggles.

bankruptcy, financial failure, liquidation, collapse, failure

Entry 1

bankruptcy, financial failure, liquidation

Entry 2

bankruptcy, liquidation, collapse, failure

solvency, financial stability, creditworthiness, stability

Entry 1

solvency, financial stability, creditworthiness

Entry 2

solvency, stability

declare insolvency, file for insolvency, corporate insolvency

A spoken or written account of connected events; a story.

Difficult tasks or situations that test someone's abilities or resources.

a defensive barrier made of strong posts or timbers, often around a fort or prison

the standard of something when compared to other things; characteristic or feature

The ability to understand the true nature of something; deep understanding.

a mixture used in building to bond bricks or stones together; also, a small cannon for firing shells