insolvency in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Insolvency is the state of being unable to pay one's debts as they become due.
Crossword clues for insolvency
Crossword clue ideas and answer hints for the word "insolvency".
- Inability to settle financial obligations.
- State of being broke or bankrupt.
- Condition of not paying debts on time.
- Financial situation of lacking funds.
- When liabilities exceed assets significantly.
Insolvency sentence examples
- The company declared insolvency after failing to meet its financial obligations.
- Insolvency can lead to bankruptcy proceedings if debts are not resolved.
- The rising insolvency rates in the industry have raised concerns among investors.
- She sought legal advice to understand her rights during her business's insolvency.
- Insolvency not only affects the company but also impacts its employees and stakeholders.