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Rareinsolvency
The correct spelling is insolvency.
How to pronounce insolvency
noun
IPA: [ɪnˈsɒlvn̩si]
Say it like: Ins-olv-ens-ee
The correct spelling is insolvency. 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 cour… For example: "The company faces insolvency."
Usage Examples
“The company faces insolvency.”
“the insolvency of an estate”
Definition
noun
- 1.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.
- 2.Insufficiency to discharge all debts of the owner.
- 3.The condition of having more debts than assets.
Similar words
Words related in meaning — check their spelling too.