Cool MateMeaning of Insolvency
The state of being unable to pay debts when they are due.
In simple words: The state of being unable to pay debts.
Insolvency in a sentence
- The company declared insolvency after failing to meet its financial obligations.
- Insolvency can lead to legal proceedings to recover debts.
- Many businesses face insolvency during economic downturns.
- When an individual faces insolvency, they may seek debt counseling.
- The insolvency process is complex and requires expert legal advice.
How to use Insolvency
Used mainly in legal and financial contexts. Avoid in casual conversations. 'Insolvency' often involves company or personal financial issues that require serious consideration.
Grammar pattern
standalone noun
Memory hint
Insolvency sounds like 'in-solved' - imagine someone who can't solve their money problems.
Related words
Collocations with Insolvency
- file for insolvency
- declare insolvency
- face insolvency
- insolvency proceedings
- insolvency practitioner
Synonyms for Insolvency
- bankruptcy
- financial distress
- failure
- liquidation
- insufficiency
Common mistakes with Insolvency
- Confused with 'solvency' which means being able to pay debts.
- Used incorrectly in informal contexts.
- Mistakenly treated as a verb; it is a noun.
Insolvency appears in
Insolvency in other languages
- Arabicالعربية
الإفلاس
حالة عدم القدرة على سداد الديون.
- Bengaliবাংলা
দেউলিয়া অবস্থা
ঋণ পরিশোধে অক্ষম অবস্থা।
- GermanDeutsch
Insolvenz
Der Zustand, zahlungsunfähig zu sein.
- SpanishEspañol
Insolvencia
No poder pagar las deudas.
- Persianفارسی
ورشکستگی
وضعیتی که در آن نمیتوان بدهیها را پرداخت کرد.
- FrenchFrançais
Insolvabilité
Quand on n'arrive plus à payer ses dettes.
- Hindiहिन्दी
दिवालियापन
कर्ज चुकाने में असमर्थ होने की स्थिति।
- ItalianItaliano
Insolvenza
Non essere in grado di pagare i debiti.
- PortuguesePortuguês
Insolvência
Não conseguir pagar as dívidas.
- RussianРусский
Несостоятельность, банкротство
Состояние, когда ты не можешь платить по долгам.
- Urduاردو
Insolvency
The state of being unable to pay debts.
- Chinese中文
破产
付不起债的状态。
More s like Insolvency
- BankruptcyB1
the state of being bankrupt
- Failure
- Liquidation
- MatureC1
Fully developed, grown, or advanced in character or behavior.
- BondB2
something that forms a connection between people or groups, such as a feeling of friendship or shared ideas and experiences
- EquityB1
The quality of being fair and impartial.
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Frequently asked questions about Insolvency
What does Insolvency mean?
The state of being unable to pay debts.
What is the definition of Insolvency?
The state of being unable to pay debts when they are due.
How do you use Insolvency in a sentence?
The company declared insolvency after failing to meet its financial obligations.
Can you give another example of Insolvency?
Insolvency can lead to legal proceedings to recover debts.
What are synonyms for Insolvency?
Common alternatives include bankruptcy, financial distress, failure, liquidation, insufficiency.
What words go with Insolvency?
It commonly pairs with file for insolvency, declare insolvency, face insolvency, insolvency proceedings, insolvency practitioner.
What are common mistakes when using Insolvency?
Confused with 'solvency' which means being able to pay debts. Used incorrectly in informal contexts. Mistakenly treated as a verb; it is a noun.
How do you pronounce Insolvency?
US: //ɪnˈsɑːl.vən.si//, UK: //ɪnˈsɒl.vən.si//. Listen to the audio above to hear native pronunciation.
Is Insolvency formal or informal?
"Insolvency" is formal, so it fits professional, business, or academic conversations.
When should I use Insolvency?
Used mainly in legal and financial contexts. Avoid in casual conversations. 'Insolvency' often involves company or personal financial issues that require serious consideration.