insolvency
noun/ɪnˈsɑlvənsi/
Frequency rank: #10,854 of 20,003 in the WORDED list (wordfreq data)
Meaning
The state of being unable to pay one's debts; bankruptcy.
Example sentence
The company filed for insolvency after failing to repay its massive debts.
Synonyms & related words
More words in ranks 10,801–10,900
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- locusthe central place or position where something occurs or is concentrated.
- makeshiftTemporary and of low quality, used as a substitute when something better is not available.