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Synonyms for

Insolvency

Noun / ˌɪˈnsɑ:lvʌnsi: / Another word for insolvency — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Insolvency refers to the state of being unable to pay debts as they become due.

Synonyms & similar words

solvency bankruptcy failure default debt impecuniosity penury ruin broke bust collapse flop inability indebtedness liquidation loss misfortune poverty ruination unsuccessfulness insufficiency

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Example sentences

  1. The insolvency of the company led to its closure.
  2. After years of financial mismanagement, the family business faced insolvency.
  3. His lavish spending habits led to his insolvency.
  4. Many small business owners are struggling with insolvency due to the pandemic.
  5. The insolvency of the bank caused panic among its customers.

Quotes

  • Insolvency is the greatest of all social failings.
  • Insolvency is merely the signal that an enterprise's strategy is no longer viable, its assumptions no longer valid.
  • Insolvency is a legal term, not an economic term.

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