Insolvency
noun
The state of not having enough money to pay the debts you owe.
Due to insolvency, the company had to be shut down.
Often appears as...
- declare insolvency
- insolvency proceedings
Usage tips
Formal
Technical
noun
The state of not having enough money to pay the debts you owe.
Due to insolvency, the company had to be shut down.
Often appears as...
- declare insolvency
- insolvency proceedings
Usage tips
Formal
Technical
Definition 1 of 1
Pro Tip 1/3Financial Distress
Insolvency suggests serious financial trouble, beyond just being low on cash.
The insolvency of the shop was evident with its constant sale signs and empty shelves.
Pro Tip 2/3Legal Implications
Insolvency can lead to legal actions like bankruptcy protection or liquidation.
His insolvency forced him to consider bankruptcy as his only option.
Pro Tip 3/3Not Bankrupt Yet
Insolvency doesn't always mean bankruptcy; it's about poor liquidity, not total failure.
Despite concerns of insolvency, the firm had not yet declared bankruptcy.
Pro Tip 1/3Financial Distress
Insolvency suggests serious financial trouble, beyond just being low on cash.
The insolvency of the shop was evident with its constant sale signs and empty shelves.
Pro Tip 2/3Legal Implications
Insolvency can lead to legal actions like bankruptcy protection or liquidation.
His insolvency forced him to consider bankruptcy as his only option.
Pro Tip 3/3Not Bankrupt Yet
Insolvency doesn't always mean bankruptcy; it's about poor liquidity, not total failure.
Despite concerns of insolvency, the firm had not yet declared bankruptcy.
Pro Tip 1/3Financial Distress
Insolvency suggests serious financial trouble, beyond just being low on cash.
The insolvency of the shop was evident with its constant sale signs and empty shelves.
Pro Tip 2/3Legal Implications
Insolvency can lead to legal actions like bankruptcy protection or liquidation.
His insolvency forced him to consider bankruptcy as his only option.
Pro Tip 3/3Not Bankrupt Yet
Insolvency doesn't always mean bankruptcy; it's about poor liquidity, not total failure.
Despite concerns of insolvency, the firm had not yet declared bankruptcy.
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Video examples
An honest look at the...
a work-for-life proposition, just a job loss, medical diagnosis or divorce away from insolvency. We may not have hit rock bottom, but many of us saw a sequence of events where rock bottom was possible for the first time.
Video examples
An honest look at the...
a work-for-life proposition, just a job loss, medical diagnosis or divorce away from insolvency. We may not have hit rock bottom, but many of us saw a sequence of events where rock bottom was possible for the first time.
Example 1 of 1
Quote examples
Devin Nunes
American Politician
While it may be difficult to understand why cities and even entire states would doom themselves to insolvency by undertaking these obligations, the answer is simple: Democratic politicians, who have near-total political control of California and of America's biggest cities, support this massive transfer of wealth to public employees.
Quote examples
Pierre Poilievre
Canadian Politician
Canadians no longer have any financial room. Half of Canadians are $200 away from insolvency. They are facing a slowing economy with a diminishing number of jobs, and a rising cost of living to go along with it. That is the consequence of the Trudeau, Morneau tax-and-spend agenda, which is driving our economy down.
Quote examples
Brendan I. Koerner
American Author
The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to the minute, instantly dividing a failed company's dealings into pre-bankruptcy transactions and post-bankruptcy transactions.
Quote examples
David Limbaugh
American Author
No one can reasonably deny that Medicare is headed for insolvency, and that Medicare's insolvency, if not rectified, will lead to the federal government's insolvency.
Quote examples
Mark McKinnon
American Businessman
Social Security and Medicare are necessary safety nets, but they are nearing insolvency as fewer pay in, more take out, and more take out more.
Quote examples
Paul Singer
American Businessman
What you have in legacy countries is long-term insolvency.
Quote examples
Joe Miller
American Politician
The entitlement state has driven us into insolvency.
Quote examples
Devin Nunes
American Politician
While it may be difficult to understand why cities and even entire states would doom themselves to insolvency by undertaking these obligations, the answer is simple: Democratic politicians, who have near-total political control of California and of America's biggest cities, support this massive transfer of wealth to public employees.
Quote examples
Pierre Poilievre
Canadian Politician
Canadians no longer have any financial room. Half of Canadians are $200 away from insolvency. They are facing a slowing economy with a diminishing number of jobs, and a rising cost of living to go along with it. That is the consequence of the Trudeau, Morneau tax-and-spend agenda, which is driving our economy down.
Quote examples
Brendan I. Koerner
American Author
The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to the minute, instantly dividing a failed company's dealings into pre-bankruptcy transactions and post-bankruptcy transactions.
Quote examples
David Limbaugh
American Author
No one can reasonably deny that Medicare is headed for insolvency, and that Medicare's insolvency, if not rectified, will lead to the federal government's insolvency.
Quote examples
Mark McKinnon
American Businessman
Social Security and Medicare are necessary safety nets, but they are nearing insolvency as fewer pay in, more take out, and more take out more.
Quote examples
Paul Singer
American Businessman
What you have in legacy countries is long-term insolvency.
Quote examples
Joe Miller
American Politician
The entitlement state has driven us into insolvency.
Example 1 of 7
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