What does insolvency mean in English?

You can learn insolvency Pronunciation, Grammar & Synonyms in this most authoritative English Dictionary.

insolvency Meaning, Definition, Pronunciation, Grammar & Synonyms❤️

0 (especially of a company) the condition of not having enough money to pay debts, buy goods, etc., or an occasion when this happens:
- The country will face insolvency unless the government adopts cost-cutting measures.
- Analysts are predicting that corporate and personal insolvencies could start rising next year.
1 a situation in which a person or company does not have enough money to pay debts, buy goods, etc.:
- The company warned that it may have to seek insolvency proceedings, which would see creditors recover only a small amount of their liabilities.
- The building owners agreed to contribute to the union's health plan to rescue it from insolvency.
- go into/file for/face insolvency The decision to file for insolvency rather than bankruptcy provides protection against creditors.
- to stave off/avoid insolvency
- an insolvency expert/specialist/lawyer

A growing number of companies in the country are affected by insolvency and redundancy.
Repossessions, bankruptcies and insolvencies are almost certain to continue to rise.
The company has asked a court to begin insolvency proceedings.
In reality most adjustments to insolvency have not been distributionally neutral.
The aim is to ensure adequate diversification, thus protecting the beneficiaries against insolvency of the sponsor and investment risks.
This ' ' menu of pain ' ', is, in effect, a demonstration of the nation's insolvency.
Their lack of knowledge and competence in commercial law, bankruptcy and insolvency procedures, made decision-making highly unpredictable.
A crisis in any one year would thus precipitate insolvency.