bn:00046917n
Noun Concept
Categories: Debt, Insolvency law, Bankruptcy law legal terminology, Insolvency, Bankruptcy
EN
insolvency  Business Rescue  Buisness insolvency  Business insolvency  business recovery
English:
law
Definitions
Relations
Sources
EN
In accounting, insolvency is the state of being unable to pay the debts, by a person or company, at maturity; those in a state of insolvency are said to be insolvent. Wikipedia
State of being unable to pay the debts at maturity by a person or company Wikidata