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insolvency

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(ECONOMICS) crisis created when a government or firm cannot pay its obligations in any reasonable time frame. Often confused with illiquidity, which is a when an entity suffers a temporary shortage of cash.

When a firm has assets that are greater than liabilities, it is solvent. In a lot of cases, the management of a firm runs out of ways to make money with the assets it has, so it "invests" in poor quality assets with high risk of default (for example, by lending money to borrowers using inflated housing prices as collateral).
Most of the time, insolvency is the result of corrupt or feckless management. In a few cases, however, it can be the result of a vicious cycle in which a well-managed company's customers all become insolvent first.
by Abu Yahya May 5, 2010
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That to be sinful is a product of insolent behaviour and that from sin will spawn insolence.
John did not know that sin is the spawn of insolence and that he himself was a sinner and a fornicator.
by green923jade October 21, 2016
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insolence

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The heart-wrenching and disturbing quality of being offensive, rude, inappropriate, impolite, disrespectful, etc.; lacking the splendid qualities of respect and honor.
OFFENDER: "That shit is so fucking gay!"
ME: "Such insolence!!"
by Simon of the Desert June 7, 2007
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insolvent phantom

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man 1: great here comes another insolvent Phantom.
by XxMaddiesAnimexX January 12, 2021
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Insolence

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Some blowhard who doesn't know his place. Gets involved or talks about things that he knows nothing about or has no part in.
I know your sister better than you and I'm a master at your family function... This isn't insolence, I'm simply omniscient (it's totally insolence)
by The Winds of Thor March 30, 2015
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insolence

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when a pleb blonde or tit comes out with a phrase or term that is truly batty and requires punishment for such twattery
wot the fuk are you talking about....INSOLENCE

plural

you fuking insolent fools
by benji haynes June 5, 2005
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insolvensy

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Situation in life when you haven't seen your best friend in ages.
Bro, get over here or I'll go into insolvensy.
by Shamirpetwala March 11, 2019
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