A1 noun رسمي

insolvency

/ɪnˈsɒlvənsi/

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 5
1

The 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.

2

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.

3

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.

عائلة الكلمة

اسم
insolvency
ظرف
insolvently
صفة
insolvent
مرتبط
insolvent
💡

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

1

The small family business had to close down due to insolvency.

everyday

The small family business had to close down because they could not pay their debts.

2

The court was notified of the corporation's insolvency yesterday morning.

formal

The court was officially told that the corporation could not pay its debts yesterday morning.

3

I think their tech startup is heading straight for insolvency.

informal

I believe their new technology company is going to run out of money to pay debts.

4

Macroeconomic factors are the primary drivers of corporate insolvency in this region.

academic

Large-scale economic issues are the main reasons why companies cannot pay debts in this area.

5

Our legal team is reviewing the insolvency risks associated with the merger.

business

Our lawyers are looking at the risks of being unable to pay debts related to joining the two companies.

عائلة الكلمة

اسم
insolvency
ظرف
insolvently
صفة
insolvent
مرتبط
insolvent

تلازمات شائعة

corporate insolvency when a company cannot pay its debts
face insolvency to be in a position where you might run out of money for debts
insolvency proceedings legal steps taken when someone cannot pay debts
technical insolvency a balance sheet state where liabilities exceed assets
insolvency practitioner a person licensed to handle insolvent companies

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 vs bankruptcy

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

uncountable noun can be followed by 'proceedings' or 'risk' plural form is 'insolvencies'
🌍

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

مزيد من كلمات law

merger

A1

A 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

A1

A 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

A1

A prosecutor is a lawyer who works for the government. Their job is to show a court that someone has committed a crime.

defendant

A1

A 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

A1

A 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

A1

A 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

A1

A 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

A1

Proof 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

A1

A 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

A1

A 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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