English-Czech translations for insolvency

• insolvence
  Existovaly i jiné návrhy, jako například strukturovaná insolvence. There were other proposals on the table, such as a structured insolvency.
• platební neschopnost
  Portugalsko nemá problém, pokud jde o udržitelnost veřejných účtů nebo platební neschopnost svých národních bank. Portugal does not have a problem regarding the sustainability of its public accounts or the insolvency of its national banks.
  Potřebujeme mechanismus, který umožní zbankrotovaným státům využít skutečnou platební neschopnost a také je vyřadí z eurozóny. We need a mechanism that enables bankrupt states to have genuine insolvency and then also removes these states from the euro area.
  Rád bych vám řekl, že vámi přeložený návrh naneštěstí není v souladu s polským právem, protože jednoduše znamená platební neschopnost. I would also like to tell you that the proposal you have tabled is unfortunately not possible under Polish law, as it simply means insolvency.

Definition of insolvency

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

Examples

• The company faces insolvency
• the insolvency of an estate

Related words

• insolvency administrator
• insolvency practitioner
• insolvency of the debtor