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  1. Dictionary
    insolvency
    /ɪnˈsɒlv(ə)nsi/

    noun

    • 1. the state of being insolvent: "the club was facing insolvency"

    More definitions, origin and scrabble points

  2. Apr 11, 2024 · Insolvency is a state of financial distress in which a business or person is unable to pay their bills. Insolvency can lead to insolvency proceedings, in which legal...

  3. INSOLVENCY definition: 1. (especially of a company) the condition of not having enough money to pay debts, buy goods…. Learn more.

  4. en.wikipedia.org › wiki › InsolvencyInsolvency - Wikipedia

    In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor ), at maturity; those in a state of insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency.

  5. Apr 28, 2023 · Insolvency refers to the state of financial distress in which a business doesn’t have enough cash to pay its bills when they come due or when the value of all assets is less than that of outstanding debt. There are two main types of insolvency: cash flow insolvency and accounting insolvency.

  6. Dec 8, 2021 · Definition. Insolvency occurs when someone is unable to pay their debts, and there are various types. Learn what it means to be insolvent, and how it can affect you financially.

  7. Mar 19, 2024 · Insolvency is a financial state in which a business or person is unable to pay their bills, which may lead to insolvency proceedings. During these proceedings, legal actions may be taken against the insolvent entity, and assets could be liquidated to settle debts.

  8. insolvency, financial condition in which the total liabilities of an individual or enterprise exceed the total assets so that the claims of creditors cannot be paid. There are essentially two approaches in determining insolvency: insolvency in the equity sense and under the balance-sheet approach.

  9. The meaning of INSOLVENCY is the fact or state of being insolvent : inability to pay debts.

  10. INSOLVENCY meaning: 1. (especially of a company) the condition of not having enough money to pay debts, buy goods…. Learn more.

  11. When a person or company is in financial danger regarding debt, it is called insolvency. Find out how this can be fixed and how it differs from bankruptcy.