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Vocabulary Entry
insolvency
|noun • verb
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N
noun
The state of being unable to pay debts owed.
Example Sentences
"The company declared insolvency after failing to meet its financial obligations."
"Insolvency can lead to bankruptcy if not resolved."
"Many individuals face insolvency due to unexpected medical expenses."
V
verb
To render unable to pay debts (less common usage).
Example Sentences
"The sudden market crash insolvent many small businesses."
"The new regulations could insolvency several established companies."
"Failure to manage finances wisely may insolvency even a successful entrepreneur."