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INSOLVENCY meaning: 1. (especially of a company) the condition of not having enough money to pay debts, buy goods…. Learn more.
insolvent meaning, definition, what is insolvent: not having enough money to pay what you ...: Learn more.
insolvency. Generally speaking, insolvency refers to situations where a debtor cannot pay the debts they owe. For instance, a troubled company may become insolvent when it is unable to repay its creditors money owed on time, often leading to a bankruptcy filing. Nonetheless, the legal definition of insolvency is complicated and situational.
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. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does ...
Definition of insolvent adjective in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
insolvent /ɪn ˈ sɑːlvənt/ adjective. Britannica Dictionary definition of INSOLVENT. : not having enough money to pay debts. The company has become insolvent. [= bankrupt] insolvent debtors.
What is Insolvency? Insolvency is easy to define but much harder to identify and understand in practice. The law defines it in reverse: A person or a company is solvent if they are able to pay all their debts as and when they become due and payable. A person or company that is not solvent is insolvent. That is the starting point.
