English-Spanish translations for insolvency

  • insolvencia¿Dejar que ese país caiga en un problema de insolvencia? To leave the country to collapse into insolvency? Procedimientos de insolvencia en el marco del derecho europeo de sociedades ( Insolvency proceedings in the context of EU company law ( El segundo punto importante se refiere al procedimiento de insolvencia. The second important point concerns insolvency procedures.

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

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