What is another word for insolvency?

Pronunciation: [ɪnsˈɒlvənsi] (IPA)

Insolvency is a term used to define the inability of an individual or organization to pay its debts on time or in full. There are several synonyms for the word "insolvency" that can be used interchangeably, including bankruptcy, liquidation, default, financial ruin, and collapse. Other synonyms for insolvency include failure, financial distress, indebtedness, nonpayment, and financial insufficiency. In the business world, companies that are insolvent may file for bankruptcy protection in order to restructure their debts and avoid liquidation. Regardless of the phrasing, the term insolvency typically signifies a situation in which one is unable to meet financial obligations and may require support to manage change.

Synonyms for Insolvency:

What are the paraphrases for Insolvency?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Insolvency?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Insolvency?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for insolvency?

Antonyms for the word "insolvency" would include "solvent," "financially secure," or "profitable." These are all words that describe a company or individual who is able to meet their financial obligations and operate without the threat of bankruptcy or default. Antonyms for "insolvency" may also include words that indicate financial stability, such as "wealthy," "affluent," or "prosperous." In contrast to insolvency, these terms describe an individual or company that has substantial assets and a strong financial position. Although the antonyms for "insolvency" vary, they all convey a sense of financial stability and security that is essential for long-term success.

What are the antonyms for Insolvency?

Usage examples for Insolvency

I know well, ye gentlemen who hold a station fixed and unassailable will scarcely sympathize with me in all this; but the castle-builders of this world-and, happily, they are a large class-will lend me all their pity, well aware that so long as imagination honors the drafts upon her, the poor man is never bankrupt, and that it is only as illusions dissolve he sees his insolvency.
"That Boy Of Norcott's"
Charles James Lever
It was urged by all the large debtor class, whose ranks had been filled to overflowing by the years of wild speculation and general bank suspension and insolvency.
"Thomas Hart Benton"
Theodore Roosevelt
You're on the verge of insolvency this minute.
"The Valley of the Giants"
Peter B. Kyne

Famous quotes with Insolvency

  • The entitlement state has driven us into insolvency.
    Joe Miller
  • There is a thinly veiled analogy between the rats abandoning a ship that is doomed to sink and the employees deserting a distressed organization. Just like the rats living in the recesses have a firsthand knowledge about the water entering inside the ship, defecting employees also have the information on company's financial status and potential for insolvency. In my view, it's smart to be cognizant of such rats and rat-like disloyal employees, and monitor their behaviors during the challenging times.
    Deodatta V. Shenai-Khatkhate
  • Caesar did not confine himself to helping the debtor for the moment; he did what as legislator he could, permanently to keep down the fearful omnipotence of capital. First of all the great legal maxim was proclaimed, that freedom is not a possession commensurable with property, but an eternal right of man, of which the state is entitled judicially to deprive the criminal alone, not the debtor. It was Caesar, who, perhaps stimulated in this case also by the more humane Egyptian and Greek legislation, especially that of Solon,(68) introduced this principle--diametrically opposed to the maxims of the earlier ordinances as to bankruptcy-- into the common law, where it has since retained its place undisputed. According to Roman law the debtor unable to pay became the serf of his creditor.(69) The Poetelian law no doubt had allowed a debtor, who had become unable to pay only through temporary embarrassments, not through genuine insolvency, to save his personal freedom by the cession of his property;(70) nevertheless for the really insolvent that principle of law, though doubtless modified in secondary points, had been in substance retained unaltered for five hundred years; a direct recourse to the debtor's estate only occurred exceptionally, when the debtor had died or had forfeited his burgess-rights or could not be found. It was Caesar who first gave an insolvent the right--on which our modern bankruptcy regulations are based-- of formally ceding his estate to his creditors, whether it might suffice to satisfy them or not, so as to save at all events his personal freedom although with diminished honorary and political rights, and to begin a new financial existence, in which he could only be sued on account of claims proceeding from the earlier period and not protected in the liquidation, if he could pay them without renewed financial ruin.
    Theodor Mommsen
  • So the majority of the highest classes of that age, even the popes and ecclesiastics, really believed in nothing at all. They did not believe in the Church doctrine, for they saw its insolvency; but neither could they follow Francis of Assisi, Kelchitsky, and most of the sectarians in acknowledging the moral, social teaching of Christ, for that undermined their social position. And so these people remained without any religious view of life. And, having none, they could have no standard with which to estimate what was good and what was bad art, but that of personal enjoyment.
    Leo Tolstoy
  • Man's Reason is in such deep insolvency to sense, that tho' she guide his highest flight heav'nward, and teach him dignity morals manners and human comfort, she can delicatly and dangerously bedizen the rioting joys that fringe the sad pathways of Hell.
    Robert Bridges

Related words: what is insolvency, causes of insolvency, personal insolvency rates, corporate insolvency rates, debt solutions, bankruptcy law

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