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词汇 insolvency
释义

Definition of insolvency in English:

insolvency

nounPlural insolvencies ɪnˈsɒlv(ə)nsiɪnˈsɑlvənsi
mass noun
  • The state of being insolvent.

    the club was facing insolvency
    count noun insolvencies in the media sector rose by 8%
    Example sentencesExamples
    • How is it that a company goes from well-nigh insolvency to buying a US retail icon?
    • Until last summer, it teetered on the brink of insolvency, and did little other than amass colossal debts.
    • The financial crisis has now left many of these banks on the verge of insolvency with large portfolios of insecure loans and bad debts.
    • Faced with a rising tide of insolvencies, banks are actually cutting back their lending to small and medium-sized companies.
    • Even a gross settlement system is not immune from certain risks associated with the insolvency of a participant.
    Synonyms
    bankruptcy, liquidation, failure, collapse, ruin, financial ruin, ruination
    pennilessness, penury, impecuniousness, beggary
    British administration, receivership
    informal folding
    rare pauperdom

Definition of insolvency in US English:

insolvency

nouninˈsälvənsēɪnˈsɑlvənsi
  • The state of being insolvent; inability to pay one's debts.

    the club was facing insolvency
    insolvencies in the media sector rose by 8%
    Example sentencesExamples
    • The financial crisis has now left many of these banks on the verge of insolvency with large portfolios of insecure loans and bad debts.
    • How is it that a company goes from well-nigh insolvency to buying a US retail icon?
    • Faced with a rising tide of insolvencies, banks are actually cutting back their lending to small and medium-sized companies.
    • Even a gross settlement system is not immune from certain risks associated with the insolvency of a participant.
    • Until last summer, it teetered on the brink of insolvency, and did little other than amass colossal debts.
    Synonyms
    bankruptcy, liquidation, failure, collapse, ruin, financial ruin, ruination
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