Insolvency Meaning in English

word

US

UK

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: insolvencia
• Portuguese (BR): insolvência
• Portuguese (PT): insolvência
• Chinese (Simplified): 资不抵债 - 破产（法律术语）
• Chinese (Traditional): 資不抵債 - 破產（法律術語）
• Hindi: दिवालियापन
• Arabic: الإعسار
• Bengali: দেউলিয়া অবস্থা - দেউলিয়াতা
• Russian: несостоятельность - неплатёжеспособность
• Japanese: 支払不能 - 債務超過
• Vietnamese: tình trạng mất khả năng thanh toán
• Korean: 지불 불능 - 지급불능
• Turkish: iflas durumu - ödeme güçlüğü
• Urdu: عدم ادائیگی - دیوالیہ پن (مالی حالت)
• Indonesian: insolvensi - keadaan tidak mampu membayar hutang