insolvency

Meaning

Noun

• The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his 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.

Related

Opposite words

• solvency

Origin

• insolvent + -cy