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insolvency

[in-sol-vuhn-see] / ɪnˈsɒl vən si /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Modella Capital began insolvency proceedings for The Original Factory Shop earlier in January along with accessories chain Claire's, which it also owns and is still looking to sell.

From BBC

Last August, the government introduced a bill to amend the country’s insolvency and bankruptcy code.

From The Wall Street Journal

According to court documents filed in London's insolvency court, the judge made an order appointing administrators to the club on Friday.

From BBC

Regulators lacked the resources in their insurance fund to close bankrupt S&Ls, forcing an era of “forbearance” when thrifts stayed open despite insolvency.

From The Wall Street Journal

Modella Capital, which owns both chains, said the retailers would enter insolvency proceedings across the UK and Ireland.

From BBC