Want to say insolvency differently? Here are other words for insolvency and its similar synonyms and opposite words to say in unique way.
Meaning of insolvency
The state of being unable to pay debts.
Etymology of insolvency
The word "insolvency" originates from the Latin words "in" meaning "not" and "solvens" meaning "paying", with "solvens" derived from "solvere" meaning "to pay" or "to loosen".
Historically, the term has been used in English since the 15th century to describe a state of financial difficulty or inability to pay debts.
Synonyms
bankruptcy
liquidation
failure
collapse
default
indebtedness
financial distress
poverty
penury
destitution
ruin
downfall
decay
degradation
impairment
weakening
enfeeblement
exhaustion
depletion
insufficiency
inadequacy
deficiency
shortage
scarcity
need
want
lack
deficiency
debt
obligation
liability
commitment
burden
encumbrance
strain
pressure
stress
hardship
difficulty
trouble
predicament
plight
dilemma
quandary
crisis
emergency
crunch
strain
pinch
squeeze
crunch
tightening
constriction
compression
reduction
contraction
shrinkage
decline
slump
recession
depression
Definitions
- The state of being insolvent, i.e., unable to pay debts.
- * A condition of financial distress or difficulty.
Usage Examples
- The company was forced to declare insolvency after failing to pay its creditors.
- * The individual's insolvency was caused by a combination of factors, including job loss and medical expenses.
- * The government introduced new laws to help individuals and businesses avoid insolvency during economic downturns.
Antonyms
solvency
stability
security
prosperity
affluence
wealth
riches
opulence
luxury
comfort
ease
prosperity
flourishing
thriving
booming
successful
profitable
lucrative
advantageous
beneficial
favorable
auspicious
promising
encouraging
heartening
reassuring
solidity
soundness
firmness
steadiness
dependability
reliability
trustworthiness