Insolvency Meaning in English
word
Definition
The state of being unable to pay debts when they are due, often leading to legal or official action like bankruptcy.
Usage & Nuances
'Insolvency' is formal and mostly used in legal, business, or financial contexts. It's not the same as 'bankruptcy' (which is an official legal process); 'insolvency' refers to the financial state, while 'bankruptcy' is the legal outcome. Use 'file for insolvency' or 'declare insolvency' in news or formal contexts.
Spanish: insolvenciaPortuguese (BR): insolvênciaPortuguese (PT): insolvênciaChinese (Simplified): 资不抵债 - 破产（法律术语）Chinese (Traditional): 資不抵債 - 破產（法律術語）Hindi: दिवालियापनArabic: الإعسارBengali: দেউলিয়া অবস্থা - দেউলিয়াতাRussian: несостоятельность - неплатёжеспособностьJapanese: 支払不能 - 債務超過Vietnamese: tình trạng mất khả năng thanh toánKorean: 지불 불능 - 지급불능Turkish: iflas durumu - ödeme güçlüğüUrdu: عدم ادائیگی - دیوالیہ پن (مالی حالت)Indonesian: insolvensi - keadaan tidak mampu membayar hutang