单词 | insolvency |
释义 | insolvency (once / 9177 pages) n Insolvency is when someone is completely out of money. A company's insolvency means that it isn't able to pay its workers and may have to go out of business. A family's insolvency is a frightening thing — it might result in the loss of their home, for example, since they can't afford to pay their bills. The noun insolvency is more often used to describe the financial troubles of a business or other organization. If your tennis club faces insolvency, it may need to seek help from investors or close altogether. The adjective insolvent means "unable to pay one's debts," combining the roots in, "not," and solventem, "paying." WORD FAMILYinsolvency: insolvencies+/insolvent: insolvency, insolvents/solvability: unsolvability/solvable: insolvable, solvability, unsolvable/solve: solvable, solved, solvent, solver, solves, solving/solved: unsolved/solvency: solvencies/solvent: insolvent, solvency, solvently, solvents/solver: solvers USAGE EXAMPLESIf we can’t adjust the contribution rate to prevent the plan from falling into insolvency, that is a big problem. Washington Times(Dec 28, 2016) The Insolvency Service forbade him from "promoting, forming or managing" a company without the court's permission for 12 years. BBC(Dec 02, 2016) Many of them could face crushing tax demands from the IRS — or be forced to declare insolvency or file for bankruptcy. Washington Post(Nov 22, 2016) n the lack of financial resources Ant|Hypo|Hyper solvency the ability to meet maturing obligations as they come due bankruptcy, failure inability to discharge all your debts as they come due financial condition the condition of (corporate or personal) finances |
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