insolvency
Significado: The state of being unable to pay debts when they fall due; the condition of having liabilities that exceed assets.
Insolvency is a legal and financial term that describes a company or individual who cannot meet their financial obligations. It differs from bankruptcy, which is the legal process that follows insolvency. In the UK, insolvency practitioners are licensed professionals who manage the affairs of insolvent companies. The adjective form is 'insolvent.'
Ejemplos
- The company was declared insolvent after failing to pay its creditors for three consecutive months. 该公司在连续三个月未能偿还债权人后被宣告资不抵债。La empresa fue declarada insolvente tras no pagar a sus acreedores durante tres meses consecutivos.その企業は3か月連続で債権者への支払いを怠った後、支払不能と宣告された。그 기업은 3개월 연속 채권자에 대한 지급을 이행하지 못한 후 지급 불능 상태로 선고되었다.
- Rising costs and falling sales pushed the retailer towards insolvency. 成本上升和销售下降使该零售商濒临资不抵债。El aumento de costes y la caída de ventas empujaron al minorista hacia la insolvencia.コストの上昇と売上の減少が、その小売業者を支払不能へと追い込んだ。비용 상승과 매출 하락이 그 소매업체를 지급 불능 상태로 내몰았다.
- An insolvency practitioner was appointed to advise the directors on their options. 一名破产从业者被任命为董事们提供可选方案的建议。Se designó un administrador concursal para asesorar a los directivos sobre sus opciones.取締役らの選択肢について助言するため、倒産専門家が任命された。이사들에게 선택 가능한 방안에 대해 조언하기 위해 도산 전문가가 임명되었다.
Pronunciación
Guía de uso
Contexto: professional, media
Tono: neutral
Origen e historia
From in- (not) + Latin solvere (to loosen, pay). The noun insolvency entered English in the 17th century, building on the earlier adjective insolvent.
Contexto cultural
Era: Modern
Generation: All ages
Social background: Universal
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