insolvency
pronunciation
How to pronounce insolvency in British English:
UK [ɪn'sɒlvənsɪ]
How to pronounce insolvency in American English:
US [ɪnˈsɑlvənsi]
-
- Noun:
- the lack of financial resources
Word Origin
- insolvency (n.)
- 1660s; see insolvent + -cy. Insolvence (1793) is rare.
Example
- 1. Normal insolvency procedures should not be applied to banks .
- 2. Earlier this year the congressional budget office forecast the htf 's insolvency by 2013 .
- 3. So will this stave off insolvency ?
- 4. It makes sense to have special insolvency procedures for banks .
- 5. Shedding liabilities through insolvency proceedings seems a non-starter in europe .