insolvency

[ɪnˈsɒlvn̩si] · noun

Meaning

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.
Insufficiency to discharge all debts of the owner.
The condition of having more debts than assets.

Etymology / origin

No prose etymology has been added yet.

No ancestor words have been linked yet.

Related words

bankruptcy(English)solvency(English)winding-up(English)liquidation(English)debtor(English)bia(English)bankrupt(English)default(English)liquidator(English)insolvent(English)creditors(English)creditor(English)

Descendant words

No descendant words have been linked yet.

Sources

DictionaryAPI.dev English dictionary data

insolvency — meaning and etymology | WikiWord