noun Download 🔗Share The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business. Examples : "The company faces insolvency." business finance economy condition Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share Insufficiency to discharge all debts of the owner. Examples : "the insolvency of an estate" business finance economy law Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share The condition of having more debts than assets. Examples : "After years of struggling with loan payments and declining sales, the business finally declared insolvency. " business finance economy asset Chat with AIVocabulary GamePractice Reading