insolvency

 [in-sol-vuhn-see]  

in·sol·ven·cy

   [in-sol-vuhn-see]
noun
the condition of being insolvent; bankruptcy.
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Origin:
1650–60; insolv(ent) + -ency
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Insolvency is always a great word to know.
So is callithumpian. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
LEARN MORE UNUSUAL WORDS WITH WORD DYNAMO...
Collins
World English Dictionary
insolvent (ɪnˈsɒlvənt)
 
—adj
1.  (of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt
2.  of or relating to bankrupts or bankruptcy
 
—n
3.  a person who is insolvent; bankrupt
 
in'solvency
 
—n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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