insolvency

[ in-sol-vuh n-see ]

/ ɪnˈsɒl vən si /

the condition of being insolvent; bankruptcy.

Origin of insolvency

First recorded in 1650–60; insolv(ent) + -ency

For Carter, the cause of this insolvency was the global Cold War.

Carter’s Belated Triumph |Peter Beinart |May 28, 2013 |DAILY BEAST
And like Vietnam, it has helped bring us to the brink of insolvency as well.

Hagel: The New Eisenhower |Peter Beinart |December 18, 2012 |DAILY BEAST
But spending this extra $700 billion will bring about insolvency sooner--in 2016, or, during President Romney's first term.

How to Make Seniors Suspicious of Ryan and Romney |Michael Tomasky |August 22, 2012 |DAILY BEAST
And we are nearly $16 trillion in debt, with Social Security and Medicare on the rapid path to insolvency.

Mark McKinnon: ‘Wimp’ Attack on Mitt Romney Out of Line |Mark McKinnon |August 1, 2012 |DAILY BEAST

Even with higher capital requirements, a few megabanks will inevitably get to the brink of insolvency.

The Easy Recipe for Financial Reform |Robert Pozen |March 2, 2010 |DAILY BEAST
And in many cases, he reflected, there was no failure here beyond the insolvency of a system.

The Guarded Heights |Wadsworth Camp
"Owing to insolvency, madam," was the quick reply, and the man darted a keen glance into my face.

A Plucky Girl |L. T. Meade
He regarded it as such a makeshift as an unstable enterprise would avail itself of to ward off insolvency.

Sudden Jim |Clarence Budington Kelland
The menace of insolvency closed the horizon of all his hopes.

Honoré de Balzac |Albert Keim and Louis Lumet
There is no question of time, or of profit, of solvency or insolvency.

The Breath of Life |John Burroughs