insolvency

• Zustand, in dem eine Person oder ein Unternehmen nicht in der Lage ist, fällige Schulden zu bezahlen, meist wegen fehlender finanzieller Mittel; auch der rechtliche Status dieses Zustands.

A noun referring to the state of being unable to pay debts as they become due, typically due to a lack of financial resources.

unzählbar

1. Financial inability to pay debtsC1formallegal

   The state of being unable to pay debts as they become due, often leading to bankruptcy proceedings.

   Zahlungsunfähigkeit

   • The company filed for bankruptcy due to insolvency.
   • Insolvency can result from poor financial management.
   • The court declared the business insolvent after reviewing its assets.

   Synonymebankruptcydefaultfailureliquidationruin

   Antonymeliquiditysolvency