| Library / English Dictionary |
INSOLVENCY
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The lack of financial resources
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("insolvency" is a kind of...):
financial condition (the condition of (corporate or personal) finances)
Hyponyms (each of the following is a kind of "insolvency"):
bankruptcy; failure (inability to discharge all your debts as they come due)
Antonym:
solvency (the ability to meet maturing obligations as they come due)
Derivation:
insolvent (unable to meet or discharge financial obligations)
