insolvency
Insolvency is the state of being unable to pay your debts when they are due. It often happens when a person or business has more liabilities than assets.
أمثلة
3 من 5The small family business had to close down due to insolvency.
The small family business had to close down because they could not pay their debts.
The court was notified of the corporation's insolvency yesterday morning.
The court was officially told that the corporation could not pay its debts yesterday morning.
I think their tech startup is heading straight for insolvency.
I believe their new technology company is going to run out of money to pay debts.
المرادفات
الأضداد
عائلة الكلمة
نصيحة للحفظ
Think of 'In-' (not) + 'Solvent' (a liquid that dissolves things). If you are insolvent, you can no longer 'dissolve' or clear your debts.
اختبار سريع
The company filed for _______ after it could no longer pay its monthly bills.
صحيح!
الإجابة الصحيحة هي: a
أمثلة
The small family business had to close down due to insolvency.
everydayThe small family business had to close down because they could not pay their debts.
The court was notified of the corporation's insolvency yesterday morning.
formalThe court was officially told that the corporation could not pay its debts yesterday morning.
I think their tech startup is heading straight for insolvency.
informalI believe their new technology company is going to run out of money to pay debts.
Macroeconomic factors are the primary drivers of corporate insolvency in this region.
academicLarge-scale economic issues are the main reasons why companies cannot pay debts in this area.
Our legal team is reviewing the insolvency risks associated with the merger.
businessOur lawyers are looking at the risks of being unable to pay debts related to joining the two companies.
المرادفات
الأضداد
عائلة الكلمة
تلازمات شائعة
العبارات الشائعة
insolvency law
the set of rules governing people who cannot pay debts
state of insolvency
the condition of being unable to pay what is owed
declaration of insolvency
an official announcement that debts cannot be paid
يُخلط عادةً مع
Insolvency is the financial state of being unable to pay; bankruptcy is the specific legal process to deal with that state.
ملاحظات الاستخدام
The word is primarily used in legal and financial contexts. It is more formal and technical than the word 'bankruptcy'.
أخطاء شائعة
Learners often use 'insolvency' as a verb, but it is only a noun. Also, they may use it interchangeably with 'poverty', but insolvency specifically refers to the inability to meet debt obligations.
نصيحة للحفظ
Think of 'In-' (not) + 'Solvent' (a liquid that dissolves things). If you are insolvent, you can no longer 'dissolve' or clear your debts.
أصل الكلمة
From the Latin 'in-' (not) and 'solvere' (to loosen or pay).
أنماط نحوية
السياق الثقافي
In many Western legal systems, declaring insolvency provides a structured way for creditors to be paid at least a portion of what they are owed.
اختبار سريع
The company filed for _______ after it could no longer pay its monthly bills.
صحيح!
الإجابة الصحيحة هي: a
مفردات ذات صلة
مزيد من كلمات law
merger
A1A merger is when two or more companies or organizations join together to become one single business. It is usually done to make the company stronger, bigger, or more successful.
tenant
A1A tenant is a person who pays rent to live in a house, apartment, or office that belongs to someone else. They usually have a legal agreement with the owner to stay there for a specific amount of time.
prosecutor
A1A prosecutor is a lawyer who works for the government. Their job is to show a court that someone has committed a crime.
defendant
A1A defendant is a person or organization that is being accused of a crime or is being sued in a court of law. This person is required to answer the legal charges brought against them by another party.
plaintiff
A1A person or group who brings a legal case against another in a court of law. They are the ones starting the lawsuit because they believe they have been wronged.
jury
A1A group of ordinary people chosen to listen to the facts of a trial in a court of law. They listen to the evidence and decide if a person is guilty or not guilty.
lawsuit
A1A lawsuit is a legal case where one person or group brings a disagreement to a court of law for a judge to decide. It usually happens when someone wants money or a specific action from another person because of a problem or injury.
proof
A1Proof is a fact or a piece of information that shows something is true. In a legal context, it is what a person uses to convince a judge or jury that a crime happened.
misdemeanor
A1A misdemeanor is a minor crime that is less serious than a felony. It is usually punished by a fine or a short period of time in a local jail rather than a state prison.
sentence
A1A sentence is a punishment given by a judge to someone who has been found guilty of a crime. It explains how much time a person must spend in prison or how much money they must pay as a fine.
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