LookItUpinsolvency
Meaning in simple English, pronunciation and examples
Pronunciation: US /ɪnˈsɑːlvənsi/ · UK /ɪnˈsɒlvənsi/
insolvency means: The situation of being unable to pay the money you owe.
noun
The situation of being unable to pay the money you owe.
- The company faces insolvency.
- Unpaid bills pushed the business into insolvency.
- They sought advice before starting insolvency proceedings.
A situation in which someone’s money and property are not enough to pay all their debts.
- The estate’s insolvency left several debts unpaid.
- Falling property values caused its insolvency.
- The report assessed insolvency by comparing assets with debts.
Questions about insolvency
What does insolvency mean?
The situation of being unable to pay the money you owe.
What is insolvency in other languages?
Türkçe: ödeme aczi · Español: insolvencia · Français: insolvabilité · Deutsch: Zahlungsunfähigkeit · Italiano: insolvenza · 日本語: 支払不能
How do you pronounce insolvency?
In American English /ɪnˈsɑːlvənsi/; in British English /ɪnˈsɒlvənsi/.
How do you use insolvency in a sentence?
The company faces insolvency. Unpaid bills pushed the business into insolvency.
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