HomeServicesBlogDictionariesContactSpanish Course
← Back to search

Meaning of Insolvency | Babel Free

Noun CEFR B2
[ɪnˈsɒlvn̩si]

Definitions

  1. The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay their debts as they fall due, or in the usual course of trade and business.
  2. Insufficiency to discharge all debts of the owner.
  3. The condition of having more debts than assets.

Equivalents

Examples

“The company faces insolvency.”
“the insolvency of an estate”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

Learn this word in context

See Insolvency used in real conversations inside our free language course.

Start Free Course

Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free