insolvency

Meanings

Plural: insolvencies

Noun

• the lack of financial resources
• The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay their 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.

Antonyms

solvency